Sardinia’s virtual currency – CBS News


Sardinia’s virtual currency – CBS News

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On the island of Sardinia, thousands of firms are not using traditional money to buy, sell, or pay salaries. They use Sardex, a virtual currency that allows businesses to earn and spend without relying on the euro, or on banks that wouldn’t lend. Seth Doane reports on how the Mediterranean island is creating a new kind of wealth.

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