{"id":7218,"date":"2022-10-27T13:16:39","date_gmt":"2022-10-27T13:16:39","guid":{"rendered":"https:\/\/newmoneyreview.com\/?p=7218"},"modified":"2022-11-25T13:44:44","modified_gmt":"2022-11-25T13:44:44","slug":"community-money-could-have-a-big-future","status":"publish","type":"post","link":"https:\/\/newmoneyreview.com\/index.php\/2022\/10\/27\/community-money-could-have-a-big-future\/","title":{"rendered":"Community money could have a big future"},"content":{"rendered":"

Money theorist David Birch thinks we will all live in a world of multiple competing currencies<\/a>.<\/p>\n

And communities, says Birch, will be one of the five main future issuers of money (along with four other \u201cCs\u201d\u2014central banks, commercial banks, cryptographic protocols like bitcoin, and companies).<\/p>\n

But community currencies have so far struggled to get off the ground.<\/p>\n

In the UK, attempts to launch a local version of the pound in Brixton, Bristol and elsewhere have failed.<\/p>\n

Bristol\u2019s subsequent idea to launch a new app called Bristol Pay, which would reward community initiatives, is stuck at the funding stage.<\/p>\n

But there are still plenty of attempts to build local money systems from the ground up.<\/p>\n

In the latest New Money Review<\/em> podcast<\/a>, California-based non-profit and social entrepreneur David Anderson talks about community currencies.<\/p>\n

\"\"<\/p>\n

David Anderson<\/em><\/p>\n

Anderson is president and lead volunteer at Simbi, a California-based non-profit focused on community and individual development.<\/p>\n

Simbi provides a web-based community platform to help non-profit projects find and reward volunteers. It aims to promote community development, mutual aid among those in need and the development of individual skills.<\/p>\n

In the podcast<\/a>, we discuss:<\/p>\n