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> Some 800 businesses in the Bristol area now use the community currency > So far, some £1m has been issued in the community currency, according to Mundy, of w
by philh 11y ago
> Some 800 businesses in the Bristol area now use the community currency
> So far, some £1m has been issued in the community currency, according to Mundy, of which about £700,000 is still in circulation.
These numbers don't feel very decisive to me. I could totally see another article citing them to show that the Bristol Pound is a failure.
- walterbell 11y agoIt would be useful to have estimates of Bristol money velocity for Bristol vs. Sterling pounds.
- TorKlingberg 11y agoIt's a very small fraction of the local economy. There are a fair number of businesses accepting them, especially in the "alternative" areas, but you will not see Bristol Pounds very often. It all depends on your expectations how you will define success and failure.