What gives Loons value?
Just like all forms of money, Loons have the same source of value as U.S. dollars ~ the faith and support of the people who use them. Our local currency is designed to value a person’s time and is backed by the goods and services of your neighbors who trade in Loons. Loons have a much smaller geographic and economic base than dollars, but the principle is the same. The more people there are who see them as useful, the more useful they will be. The MCCS focus region is the entire state of Maine.
