Spain: Barcelona is considering issuing a digital currency that will enable the city to effortlessly increase its spending by creating its own money out of nothing. The EU is funding the promotion of competing local digital currencies because they are the foundation for a cashless society, which is the goal of governments and banks, alike. Unlike Bitcoin-type currencies, some of the new currencies have a built-in inflation rate of 8% to encourage spending and discourage saving. ZeroHedge 2015 Oct 26
http://www.zerohedge.com/news/2015-10-26/barcelona-threatens-print-parallel-currency-madrid-seethes