Talk:Local Exchange Trading Systems
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This article copies directly from http://pages.unisonfree.net/gburnett/page2.html . Has the author of that page released this text under the GNU FDL (or released it into the public domain?) If not, this text is a copyright violation.
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And, for that matter, does /that/ author have permission to relicense the material? See here: "Thanks due to everybody involved with SEELETS, esp. Paul Brown for technical help, and Derek Lucas and all the original ?Greenlinks? people for getting the ball rolling in the first place, and to LETSLINK UK, whose leaflets & literature I have freely plagiarised." --KQ 22:43 Aug 31, 2002 (PDT)
I wrote the original article loosely based and adapted from LETS publicity material which were intended for that very purpose :-)
quercus robur 06:34 Sep 1, 2002 (PDT)
Re broken link message 27/12/04- the page refered to is on my website- I had notification from the ISP that provide hosting for that page that they would be doing some maintainance work around late December and thus some pages might be unavailble for a time, so hopefully it will be up and running again within a few days. quercus robur 09:48, 28 Dec 2004 (UTC)
[edit] Tax issues?
My understanding is that at least some barter systems allow participants to avoid paying various taxes. What is the tax treatment of this system? It sounds relatively systematic, so I wouldn't be surprised if it also included some sort of tax reporting process. I think that would be a useful additon to the article. --Rkstafford 17:29, 26 May 2006 (UTC)
[edit] different from local currency?
Is LETS basically a kind of Local currency, or is there a fundamental difference? I understand that accounts are used... does this mean that credit is built into the system, in that someone can provide a service in order to gain credit on their own account, even if the "customer" doesn't yet have credit? --Singkong2005 talk 03:12, 28 July 2006 (UTC)
- Correct. LETS have no scrip and are generated by transactions. It is a system for tracking credit and debit to facilitate indirect trading. I'll try to work on this article at some point to clarify and expand. - N1h1l 13:38, 28 July 2006 (UTC)
[edit] Gifting LETS credits to another person?
Is it possible to gift your LETS credits to another person without providing any goods and/or services?--FreedonNadd 01:54, 26 January 2007 (UTC)
- Depends on the system. But I'd guess that generally the answer is yes. - N1h1l 01:57, 26 January 2007 (UTC)
