Banks need Boundaries! Banken in die Schranken!

Petition:
Banks need Boundaries!

In Austria, Banks need Boundaries! (German: Banken in die Schranken!) is conducting a referendum, demanding a democratic regulation for money creation and suggests a community-created currency (German document).
Technically, community-created currency is a specific form of 'Sovereign Money', because it is created by the sovereign. Sovereign means "one possessing or held to possess supreme political power or sovereignty" (Webster's). Today, private banks hold sovereignty over our money, because they are the only ones who create and destroy it.
English definition in a nutshell: What is ccc?

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