What I mean is this: 

I run the local store and a local comes in to buy the usual bread and milk every fee days. Today he comes in but the internet us down. He takes the bread and milk and I write on the blackboard behind the counter that he owes me money for these items. Next time I expect him to pay.

This isn't a communist utopia. It's localized credit.

That's some communist utopia. I know many people around me, but won't lend money to anyone.

SwapMarket

In a circular economy there's likely more trust in the community. Maybe ecash isn't the answer. Credit or bonds could also work if they know each other.

lightning

The cheapest Lightning setup that actually works (tested in Cuba)

claos545

Fair point. 

In a circular economy there's likely more trust in the community. Maybe ecash isn't the answer. Credit or bonds could also work if they know each other.