Soldato
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.
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
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
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.
Is the Bristol pound a good investment? If I exchange my GBP will the rate change in the future?
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
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.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.