Renewable Matter # 14 / January-February

What if we Went Back to Coins and Currency?

by Brett Bridgeland

WIR, Ithaca Hour, Campino Real are just some of the 5,000 alternative coins circulating in the world today. These precious resources for local economies anchor the wealth produced to the territory and contrast the economic crisis. We look at the emblematic case of the Sardex: since 2010, 140 million credits transferred and 300,000 operations carried out.

 

Over five thousand alternative coins are circulating the world, from Brazil to Japan and from the USA to Europe. Created to contrast the economic crisis and complementary to official currencies, they are the local, self-managed answer to private and public conventional finance bottlenecks which advantageously connect the wealth produced locally to the territory. Another type of circular...

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