We believe that our current monetary system, where private banks issues and controls debt-based money that necessitates infinite growth, is the root of many evils. Thus, we must first build a regional currency to serve as the foundation of a new regional economy. The currency must be designed to incentivize collaborative and sustainable rather than selfish and destructive behaviors. We learned from an immensely successful regional currency from Switzerland called the WIR, enhanced it with more social features, and implemented it in the Bay Area. This complementary monetary system operates through a business-to-business barter exchange.
barter economics local currencies