New community currency — what will it look like?
by Nelson Daily Staff on Tuesday December 14 2010
In what amounts to, literally, a license to print money, a group of local economy advocates are about to launch a regional currency that will be in circulation throughout the Columbia Basin early next year.
It’s true: as early as next February, Columbia Community Dollars will be tradable online and in circulation as paper money in an initial six communities: Kimberley, Fernie, Cranbrook, Rossland, Valemount and Nelson. Other communities in the Columbia Basin are most welcome to participate.
But what will this new money look like — and how will it work?