 Which complementary currency didn't work out?
New money: Do local currencies actually work? "We would be Glasgow-centric about it," he says conspiratorially, as though there is any other way to be. "Can you imagine having the face of Billy Connolly on our local currency? Or Alex Ferguson, or Kenny Dalglish?" Inventing an alternative to sterling might sound far-fetched, even illegal. In the UK we think of the pound like fish think about water, which is to say not at all. It might never have occurred to many of us that there are other types of exchange that can stand in for ragged bank notes tucked away in pockets, or other objects that can stand in for those notes. Not every country is so lucky. In crisis-hit Greece, where the euro can be hard to come by, businesses and citizens have turned to bartering using a points system where goods like pianos, pot and pans can be exchanged for security services or loaned farming equipment. In India last year, desperate people burned sacks of illegal cash after the government withdrew two high-denomination notes as part of a crackdown on corruption. Hoarders woke up to discover the banknotes under their mattresses were suddenly worthless. The pound has been trading at its lowest level since 1985 since the UK voted to leave the European Union and there are fears that it could dip further as Brexit ensues. Timebanks, local exchange trading systems (LETS) and digital inventions like bitcoin can provide alternative ways for people to pay for goods and services when mainstream currencies hit crises. But they will only work if Britons are ready to accept that they have the power to invent their own currency. "At the moment, if the pound stops working for us, the whole economy grinds to a halt because there aren't alternatives," Duncan McCann, a researcher at the New Economics Foundation, tells those gathered in a gilded room at Glasgow Chambers to discuss the Glasgow Pound. McCann is a long-time advocate of alternative means of exchange. He is behind the ScotPound, a proposal for a new national currency for Scotland that emerged after the referendum on Scottish independence. It's an idea he no longer thinks will work, because the debate, since Brexit, has shifted from the currency issue back to ideas about Scottish independence. The Eko has been the main means of buying everything from beer to bananas in Ekopia since Walker founded it 20 years ago. On an adjacent table, Tracy Duff, a community learning and development worker from Clackmannanshire Council, digs out some papers.
 The Stroud Pound
 The Stroud Pound  The Totnes Pound  The Liverpool Pound  The Brixton Pound