Implementing alternative (complimentary) local currencies

Using case studies, two experts explore the feasibility of implementing alternative local currencies.

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Activist Oliver Dudok van Heel discusses The Lewes Pound Project and how the introduction of a local currency impacted the socio-economic situation in the town of Lewes.

In his introduction, while speaking about the Transition Towns movement, Oliver makes a valuable point: After acknowledging that yes, there are major challenges - from that point it's not a matter of "who's to blame" it's about "what can I do?"

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Artist and cultural activist Christian Nold presents the Bijlmer Bank Project and examines how trust networks function in a prototype system for an alternative local currency that could support local development and work in conjunction with the Euro.

Christian notes the value of identity with place, then goes on to talk about disposable transport 'cards' with (re-writable) RFID chips in them, and how they might be used to identify regular Euros as local Euros by adding the card to it, thus creating a local currency without having to print it :-) Pete Russell and I spoke about a similar idea about a year ago while scheming to create a currency for Ooooby. Might have to do it now!  :-) 

But wait there's more... 20 mins into the video.

Want to take a practical step, here is a free guide to setting up a local currency.

Posted via email from Transition TV