SCOTONOMICS Ep.17. Unleashing the power of a local currency

William and Kairin are joined by Diana Finch from the Bristol Pound to discuss how a local currency can empower a local community.  00:20 Overview of a local currency 01:50 We may all have used something like 'LETS' 02:20 Bristol Pound 02:50 Leakage from local communities in the "normal" way of spending money 03:35 The Transition Town movement 04:00 Was is it about Bristol that initially supported a local currency? 05:10 The issues that the Bristol Pound couldn't solve 06:00 So what did go wrong with the Bristol Pound? 07:30 Tone Of Voice issues 08:50 Local shops never really seen the momentum of the local shopping movement 11:50 Do we have a wider misunderstanding of how all currencies work? 13:15 The prism of money 16:30 Kairin's experience with the Transition Town movement 17:15 Bristol Pay (the phoenix from the fire of the Bristol Pound 18:00 How the payments system "works" 21:20 The Bristol Pay timeline 23:00 The oversight of a payment service like Bristol Pay 26:00 The voucher system and how that promotes the circular economy 29:00 The issue with debt! 29:50 A voting token as part of Bristol Pay 32:00 The end of a journey but also the beginning! If you are interested in supporting a community payment platform like Bristol Pay please get in touch with Diana. https://twitter.com/BristolPound or https://twitter.com/Bristol_Pay