> It's also odd in the context of Germany It isn't. Only the Bundesbank / ECB is... | Hacker News

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_19qg on Sept 14, 2019 | parent | context | favorite | on: France and Germany Agree to Block Facebook's Libra

> It's also odd in the context of Germany

It isn't. Only the Bundesbank / ECB is allowed to provide a currency in for Germany.

https://de.wikipedia.org/wiki/Währungsmonopol

The Chiemgauer is a regional voucher system - more comparable to regional loyalty programs or frequent-flyer programs.

Tomte on Sept 14, 2019 [–]

Those regional currencies have popped up several times, the Chiemgauer is just the only(?) long-living one.

Official stance IIRC is: illegal, but so small and irrelevant by volume that it's best to ignore it and let people have a little fun and community engagement.

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