FairCoin use cases
Shops, bars and restaurants
If you are running one of these businesses you can easily accept FairCoin as payments for the bills. This is already happening in some places in Europe, especially in Spain and Greece. Look at the list of places accepting FairCoins here: use.fair-coin.org
Salary and income
If you are self-employed worker you can offer your digital and non-digital services and products for FairCoin either by issuing invoices with FairCoin as a foreign currency or through the FairCoop legal tool Freedom Coop. Use our FairMarket as an online market plattform.
As a substitute for a bank account
FairCoin as part of the FairCoop ecosystem supports independence from authorities, banks, and state interference. Therefore a FairCoin wallet can be especially useful for refugees without official documentation, who have difficulties in obtaining a bank account, or for people who wish to minimize their activities inside the current economic system. Please take a look at the alternative banking services of Freedomcoop.
FairCoins can also be used as a store of value and therefore as personal savings. By doing so savers support the FairCoin and FairCoop ecosystem to raise and stabilize the price at a higher level and make our economic impact stronger.
Send & exchange FairCoins worldwide
With FairCoin you can send money quickly and cheaply around the world to any individual who is running their own FairCoin wallet. If the recipient has a Local Node close by it's even possible to exchange easily to other local/social currencies and fiat currencies.
If the recipient has a FairCoin Mobile wallet installed, s/he can receive FairCoins on the way and convert them with the tool FairToEarth to Euro at 10.000 ATMs in Spain and to Zloty at 4000 ATMs in Poland through the Halcash system. Additionally, it can be used in 70,000 stores and 10,000 ATMs for cashing out through the Telepay network in Mexico.
Local economic networks
The local economy is crucial in closing the economic circle and has a real use case for the people to pay for products and services in their everyday life without the necessity of converting to other currencies. Therefore local street markets and cooperatives (especially integral cooperatives) who widely accept FairCoin will be important for the independent and self-managed lives of individuals and communities.
Donations to supporters
Donations can be send directly to Culture/Science/Food/Energy/Education/Solidarity projects who accept FairCoin as currency. Therefore they can build liquidity to support them and make those projects happen. You can find them here in our UseFaircoin website.
Donations to FairCoop Funds
You can donate FairCoins to the various FairCoop Funds (link is external) whose redistribution to different projects will be decided by the FairCoop community.
Festivals & Workshops
If you want to organize a festival which is in line with FairCoop principles you could let people use FairCoin for ticket payment and for products and services offered during the festival. The Fairpay POS (point of sale), FairToEarth and cards are the appropiate tool for this.
If you run a workshop or course, which is related to the alternative economy, alternative education, integral cooperativism or similar topics you could also accept FairCoins as allowance or donations from your participants.
Gain your second freedom
Certainly, you always have the freedom to buy ethical goods and services. If you tell people, that you prefer accepting FairCoin, then you make use of a second freedom: don't take anything from anybody. You can choose, how to buy and how to sell!
Let's have a look at some examples.
I'm curious on how we can convince poor communities on using FairCoin as an alternative to fiat currency. I would like to see how I would go about presenting some motivational friends in Haiti .
Today we did our first meeting and organized our Local Node of Bashur with 6 members. During the meeting we discussed the mentality of the FairCoop especially. Because to do a work, we have to understand the mentality and concept first of all.