Unlocking the Cage: Complementary Currencies in the UK



In the city of Bristol and in the Brixton area of London people have come up with alternatives to the usual way of paying for goods and services. Instead of pounds sterling, they are using privately developed substitutes called complementary currencies as a medium of exchange that functions alongside Britain’s national currency. In doing so, they fulfil a need that the sterling currency itself seemingly does not: raise the awareness of the state of their local economy.

Likes: 0

Viewed: 58

source

Unlocking the Cage: Complementary Currencies in the UK

In the city of Bristol and in the Brixton area of London people have come up with alternatives to the usual way of paying for goods and services. Instead of pounds sterling, they are using privately developed substitutes called complementary currencies as a medium of exchange that functions alongside Britain’s national currency. In doing so, they fulfil a need that the sterling currency itself seemingly does not: raise the awareness of the state of their local economy.