Local Currency Update: Opting Out of the Bankster Money System

The Most Revolutionary Act

According to the Guardian, renewable energy provider Good Energy has agreed to accept the Bristol pound in payment for electricity and gas bills. The company claims to be the first in the world to accept payments in local currency. Bristol residents already use the Bristol pound to pay for groceries, bus fares and council tax (ie real estate taxes).

The Bristol Pound is an alternative currency launched in 2012 to help keep cash in the local community, as opposed to the deep pockets of multinational corporations.

Run as a not-for-profit partnership with Bristol Credit Union, the Bristol pound is the first city-wide local currency in the UK and the largest alternative to Britain’s national currency (pounds sterling). There are approximately 750,000 Bristol pounds in circulation.

Local or complementary currencies are an ideal way for communities to opt out of the corporate money system. Their use has expanded exponentially since…

View original post 108 more words

Advertisements

2 thoughts on “Local Currency Update: Opting Out of the Bankster Money System

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s