Author: Norman Miler
Date published: 27 April 2020
“What’s a community currency? It’s a special, local currency that can only be used within a certain locale at shops or other businesses that have signed up to accept it as an alternative to the official, national currency, with the goal of encouraging spending in the local economy. This can either encompass a whole town, or in the case of a currency like the Brixton Pound, just one London neighbourhood, and can be bought at a rate equivalent to the national British pound. There are thousands of community currencies in the world and the concept has been around for decades, and in the past couple of years, they’re becoming more popular as more have become digital.
Read the complete article here: