Currency of Ecuador and the new. It was further arranged to have Banco del Ecuador import coin based on the French decimal system. García Moreno thus settled the basic problems of Ecuador's currency. In 1877 President Ignacio de Veintimilla authorized the free circulation of coin less than 900 fine, with the immediate result that good quality coin disappeared from circulation, replaced by coin from Chile and Bolivia that was only 500 fine. "Banco del Ecuador" issued notes for 2 & 4 reales and 1, 5, 10, 20, 100, 500 & 1000 pesos. "Banco Nacional", Guayaquil, issued notes briefly in 1871 for 2 and
Basic income around the world Switzerland (lower house of parliament) called on the people to reject the proposal by referendum. The main arguments against basic income before the referendum, as interpreted by Martin Farley: In the end, the proposal was overwhelmingly defeated with almost 77% voting against it. Though the idea of basic income is not promoted by the government, different tech companies develop and adopt the ideas of unconditional basic income. The most well known example is the Nimses concept. Nimses has a time-based currency called nim (equals to 1 minute). Every person that joins the system receives 1440 nims per day that can