What: You are invited learn about a regional complementary currency for the Bay Area
When: Thursday, November 21st 2013
Time: ~ Refreshments will be served
Where: MarinLink offices at Northgate Mall, 5800 Northgate Mall Ste 250, San Rafael (Mezzanine)
Bay Bucks is a barter-trade exchange and a complementary currency for the SF Bay Area. We help local businesses cut costs and increase revenue while building local resilience.
What is Bay Bucks?
Bay Bucks is a regional currency that aims to foster economic justice and resilience in the greater Bay Area. It solves the problem of the lack of cash in communities, which causes a downward poverty spiral. It also democratizes money as it enables participating members to create Bay Bucks as and when they need it. The money each member creates is backed by their own goods and services. Bay Bucks is not convertible to US dollars. This means 100% of Bay Bucks re-circulates in the region to build local prosperity.
We launched in Jan 2013 in San Francisco, and already have more than 100 local businesses in our network. They include: medical doctor, jeweler, bookkeeper, organic fair trade coffee, web developer, baker, marketing consultant, caterer, holiday rentals, business signs, architect, and many more. Most of our members are in San Francisco and Santa Cruz.
Bay Bucks and Marin
We would like to roll out Bay Bucks to local businesses in Marin. Marin is critical to the success of a regional currency because it is the agricultural powerhouse in the Bay Area. In turn, we will be able to connect Marin based businesses to businesses in the greater Bay Area and help create a regional collaborative network.