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BRISTOL , U.K goes ROGUE with OWN CURRENCY

 
Anonymous Coward
User ID: 9977516
Australia
08/17/2012 03:59 AM
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BRISTOL , U.K goes ROGUE with OWN CURRENCY
As Britain loses faith in its banks and feels shockwaves from the euro crisis, one city is trying to keep local wealth in local pockets with the launch of its own currency.

The Bristol pound — usable only with member businesses in the city in southwest England — is to launch in September, and organisers are deluged with local firms wanting to sign up.

"The perception of banking and money is that it's a very ruthless system: people are out for what they can get," co-founder Ciaran Mundy told AFP.

"This is about saying yes to something new. It's tapping into a different set of values about money."

The scheme has "captured people's imaginations", he added, in a recession-hit year when British banks have been beset by scandals and ministers talked openly of a possible euro collapse.


More info at link....
[link to finance.ninemsn.com.au]


Wow. This is so awesome.
I can see this catching on big time not only in the U.K but here in Oz. Could even be a good idea in the U.S too.

Forget GLOBAL. The solution to the current world monetary crisis is going LOCAL.
grasptheuniverse

User ID: 5081955
Australia
08/17/2012 04:30 AM
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Re: BRISTOL , U.K goes ROGUE with OWN CURRENCY
Thats amazing its so good to see that people are taking initiative for their lives and businesses
caz
Anonymous Coward (OP)
User ID: 9977516
Australia
08/17/2012 05:00 AM
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Re: BRISTOL , U.K goes ROGUE with OWN CURRENCY
Yeah I think it's a great idea too.

It slated to be fully functional next month.
Eerie timing when there is talk of Finland and others getting out of the Euro.

This will probably take off as more and more cities face potential bankruptcy.

Most people want to spend money locally and this gives them the incentive to do that in a official way.
Newliving

User ID: 11896076
United Kingdom
09/19/2012 07:21 AM
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Re: BRISTOL , U.K goes ROGUE with OWN CURRENCY
As Britain loses faith in its banks and feels shockwaves from the euro crisis, one city is trying to keep local wealth in local pockets with the launch of its own currency.

The Bristol pound — usable only with member businesses in the city in southwest England — is to launch in September, and organisers are deluged with local firms wanting to sign up.

 Quoting: Anonymous Coward 9977516


The BBC is covering the launch in their news broadcasts today. It was, at least, on national radio Radio 4 'Today' programme this morning and on their national News website.

This is a promising, well-developed initiative in Bristol.

Bristol Pound launched to keep trade in the city
By Dave Harvey Business Correspondent, BBC West

"It is a direct assault on global trade. The city of Bristol has launched its own currency, which cannot be used in Bath, never mind Berlin or Bombay.

More than 350 firms in the city have signed up, making it the UK's largest alternative to sterling.

Unlike previous schemes which have relied on paper, the Bristol Pound can be used online, even by mobile phone.

But other local currencies have never really taken off, so can the Bristol scheme really fly?"

More at: [link to www.bbc.co.uk]

It's not the first time the BBC has covered news of alternative currencies.

[link to www.bbc.co.uk]
Anonymous Coward
User ID: 15745311
Spain
09/19/2012 08:25 AM
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Re: BRISTOL , U.K goes ROGUE with OWN CURRENCY
This is the ONLY way the PTB will be brought down, if everyone was to stop using the multi national corporations that run this world they would cease to exist.

The answer to all the worlds problems . . GO LOCAL and redistribute the wealth back to the people. If every area did this most problems would go away.
Anonymous Coward
User ID: 24338103
United Kingdom
09/29/2012 07:30 AM
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Re: BRISTOL , U.K goes ROGUE with OWN CURRENCY
This is what Greece need to do. Let the puppets in government deal with debt. The people will bypass it.
Anonymous Coward
User ID: 16932400
United Kingdom
09/29/2012 07:35 AM
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Re: BRISTOL , U.K goes ROGUE with OWN CURRENCY
dear god. yet another doom sign, and no-one sees it as such

these people KNOW things are gonna get a LOT more local, and soon!

weird thing is, in virtually ANY doom scenario i can think of, Bristol is fucked!

rofl
Anonymous Coward
User ID: 24338103
United Kingdom
09/29/2012 07:38 AM
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Re: BRISTOL , U.K goes ROGUE with OWN CURRENCY
dear god. yet another doom sign, and no-one sees it as such

these people KNOW things are gonna get a LOT more local, and soon!

weird thing is, in virtually ANY doom scenario i can think of, Bristol is fucked!

rofl
 Quoting: Anonymous Coward 16932400


Why? These people are now practically shielded by any economic fall out. You don't sound too smart.
aether

User ID: 24425139
09/29/2012 07:39 AM

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Re: BRISTOL , U.K goes ROGUE with OWN CURRENCY
The Bristol Pound is a complementary local currency designed to support Bristol’s independent businesses, strengthen the local economy, keep our high streets diverse and distinct, and help build stronger communities.

The Bristol Pound is the UK’s first city wide local currency, the first to have electronic accounts managed by a regulated financial institution, and the first that can be used to pay some local taxes.

The Bristol Pound is run as a partnership between the Bristol Pound Community Interest Company and Bristol Credit Union. It is a not-for-profit social enterprise.
 Quoting: observation

[link to bristolpound.org]
Anonymous Coward
User ID: 16932400
United Kingdom
09/29/2012 07:42 AM
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Re: BRISTOL , U.K goes ROGUE with OWN CURRENCY
dear god. yet another doom sign, and no-one sees it as such

these people KNOW things are gonna get a LOT more local, and soon!

weird thing is, in virtually ANY doom scenario i can think of, Bristol is fucked!

rofl
 Quoting: Anonymous Coward 16932400


Why? These people are now practically shielded by any economic fall out. You don't sound too smart.
 Quoting: Anonymous Coward 24338103


Bristol is utterly doomed mate.

nuke war - doomed

tsunami - doomed

ice age - doomed

live in Bristol? lol

it's YOU who don't sound too smart!

These people are now practically shielded by any economic fall out.

rofl

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