the bristol £

If they're only printing 100,000 of them they're going to be in very short supply. Some people will collect them and as they get rarer they'll become more collectible.
 
It annoying enough when you have to change money to go abroad let alone having to do it every time you leave your town.

Whilst people like to have a sense of community they don't like being forced into doing things either like having your money restricted so it can only be spent in one small part of the country. Unless people get some kind of discount for using it, I don't see why anyone would want to carry it.
 
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opstrat said:
unless you get items/services cheaper in bristol using this currency what is the point?



This just sound like punishment for local shop owners who dont conform to the new currency
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They don't have to accept the new currency I think, at which point you can say "then I'll go somewhere that supports the local economy" or "let me get my debit card out, I'll use real money". That's pretty much the only effect I can see.
 
opstrat said:
unless you get items/services cheaper in bristol using this currency what is the point?



This just sound like punishment for local shop owners who dont conform to the new currency
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Punishment? Most companies want use it.
How ever bristolhas a very large independent/local scene so it may break into that area.
 
Interesting that they talk about the "Stroud pound" I've lived here my entire life and that's the first i've ever heard of it o_O
 
Mr.E. said:
I saw the report on the news at lunch. I assumed there was a benefit to use it at local shops, ie £1 = B£1.20 or something. I don;t see the point if there's no incentive.
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^^^ this really

completely retarded idea if 1 Bristol pound = 1 GBP

from the POV of the customer - why bother? From the POV of the shop keeper you're restricted in your supplier base or confronted with a 3% fee for converting them back to GBP

really dumb idea
 
If there's no benefit to using it then I don't see the point.

If on the other hand you, for example, get 10% off when paying by Bristol Pound, then it may work.
 
I like it in principle although the only way it can work is with some other incentive, yet it can never really be successful operating under an official currency and economy. Growth beyond a minority, or even the town or city would encounter difficulties in trying to interact or normalise.
 
dowie said:
from the POV of the customer - why bother? From the POV of the shop keeper you're restricted in your supplier base or confronted with a 3% fee for converting them back to GBP
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There's a large sector and comunity in Bristol which revolvs around ethically, localy sourced goods and produce. That's the benefit, customer pays in Bristol pounds and theyknow that they have to buy the supplies from a Bristol supplier and so on.
Weather the community is big enough to support it is another matter.
I can't see it working, but it's certainly not dumb and pointless. Just unlikely to hit a critical mass.


Biohazard said:
I like it in principle although the only way it can work is with some other incentive, yet it can never really be successful operating under an official currency and economy. Growth beyond a minority, or even the town or city would encounter difficulties in trying to interact or normalise.
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You're thinking to big. This isn't a replacment currency or to operate on a wider scale. It is effectively a marketing tool to promote inter company/community support for local goods.
 
They tried this Bath with a currency called the Oliver. Saw a few when it began last year but haven't heard anything of it for a long while now.
 
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