Having small businesses and the local communities in agreement to have a community currency is a great alternative to the Central banks’ monopoly on currency.
Imagine they all enter a global exchange agreement (Think Internet trade/buy/sell websites as smaller versions of Ebay and Amazon websites) for global distribution of goods and services without the need of the central banks’ currencies…
Worth exploring, yes?
Interview with Rob Van Hilten
Published on Sep 24, 2013
At the annual convention of IRTA (International Reciprocal Trade Association), Bay Bucks met up with Rob, a co-founder of Qoin. Qoin are the folks providing the technology and consultancy for community currencies like Brixton Pound and Bristol Pound. I asked him what is a community currency guy attending a commercial barter exchange convention, and serving as a director on their board. This is a story of the beginning of the merging of these two fields.
Christmas shopping in Brixton pounds
The Brixton Pound (B£) is money that sticks to Brixton. It’s designed to support Brixton businesses and encourage local trade and production. It’s a complementary currency, working alongside (not replacing) pounds sterling, for use by independent local shops and traders.
The B£ is the UK’s first local currency in an urban area and the fourth transition town to have its own currency, following the Totnes Pound in Devon, Lewes Pound in Sussex and Stroud Pound in Gloucestershire.