2 ms·

I'd say this is very different. The Bristol Pound is pegged to the Sterling. It's really not about mistrust of the government, but rather an attempt to keep pro

I'd say this is very different. The Bristol Pound is pegged to the Sterling. It's really not about mistrust of the government, but rather an attempt to keep profits local and encourage people to use smaller businesses.

vegancap 11y ago
That's very true, but it is a private currency and part of that is individuals and private businesses can agree upon their own set of uses. Such as profits within one city in this case. You're right that it's not currency competition in terms of value, but I guess it is in terms of use