Hi to you,

I first heard of LETSystems about 30 years ago, in the UK, Canada & Australia. Most were called "LETS Schemes", were run by hard working and dedicated core groups, and had less than a few hundred users. For their users they might be very valuable, particularly for "local social connection", "mutual aid" and "skills and services exchanges".

But, they had very little relevance economically.

In 1994 I first heard Michael Linton speak, and met Sandra Bruce and several of the then users of the Stround LETS. http://stroudlets.bravepages.com/