Complementary Currencies for Business and Network Goals - Igor and Leander

23/05/11

Complementary Currencies for business and network goals Why, Who, What and HOW?

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Overview 1. Intro: Who we are, What we do tonight?

2. Framing: Why do we do things?

3. Why money/ Why complementary currencies?

4. Creating new currencies: Tough innovation!

5. Best Practice: From the outside– From the inside 6. Do´s and Don´ts 7. Workshops 2

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HUB CC, TOREKES, SCHOENEN

Leander Bindewald Igor Byttebier

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1. Intro New shoes today - Igor Byttebier / Karen Van Heuckelom HUB Brussels - Leander Bindewald ü What we do tonight? ü What we don´t do tonight!

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2. Framing Why do we do things? ü FROM THE INSIDE

ü FROM THE OUTSIDE

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Bedankt !

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Bedankt !

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Bedankt !

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3. Why Money?

ü Convenience in exchange ü Convenience in measuring, valuing ü Saving

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3. Why Complementary Currency?

The problems of the â‚Źuro monopoly = The opportunities for CC

Unmet Needs

&

Underutilised Resources

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3. New CCs with Social Goals 6000

5000

Argentina Elsewhere Japan

4000

Other Europe Italy

3000 Other Europe

Germany + Austria France Benelux

Germany + Austria

2000

Benelux

UK Australia New Zealand

UK

1000

USA + Canada

USA + Canada

0 84

85

86

87

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90

91

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96

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98

99

2000 2001 2002 2003 2004 2005

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4. CC = Tough Innovation €uro = very HIGH convenience factor ü Interchangability ü SIMPLE ü Widely accepted and understood ü Highly efficient TIME = MONEY ü People are USED to it, and highly emotional about it

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5. Examples: Best Practices Categorizing Complementary Currencies: ü Competitive

–

Cooperative

ü Commercial

–

Social

ü Geographically

–

Theme

ü Paper

–

Virtual

ü Intrest

– No Intrest –

Negative Intrest

ü Mutual Credit –

Fiat Money

ü From the Outside

–

From the Inside 13

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From the Outside: Air Miles

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nich. After my traineeship as a vocational school teacher I became a Waldorf teacher at Waldorf school in Prien am Chiemsee in 2002. Prien is in the south-east of Bavaria about kilometres from Munich. The region is called ‘Chiemgau’. About half a million people there.

From the Outside: RegioGeld

Paying with Chiemgauer at lake Chiemsee

he picture you see one of our members paying for her meal with the Chiemgauer ency. Her name is Julia Kollmannsberger and she is the owner of a shop called "Regional rket at Prien am Chiemsee". In the background is lake Chiemsee, the geographic centre of region. No town of the Chiemgauer-region is more than 50 kilometres away from lake emsee.

emgauer is an example for a so-called 'Regiomoney', which is defined as a monetary em only valid within a region which has the size of about one or two districts. The ned region has to be large enough to establish relevant business cycles which can provide inhabitants with about 50% of needed goods and services.

HAT IS THE PROBLEM WITH MONEY? ney is an agreement to use a medium for exchanging goods and services, saving and esting in business and donating to non-profit-organizations. But money is also used for rding and speculation.

ou compare the total world trade in goods and services with the foreign exchange trade, will find that for the year 2007 only 1.2 percent of all money is used for world trade

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From the Outside: C3, Brazil - Uruguay - Spain

C3 – Commercial Credit Circuit

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From the Outside: Torekes,Gent

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From the Inside: WIR, Switzerland

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From the Inside: LETS, TimeBanks

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From the Inside: Transition Town Currencies, UK

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From the Inside: Hubees & Huney, HUB Brussels

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Examples: Many others

SEL

Furrai Kippu 22

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6. Learning: from others & by doing From the Outside

–

From the Inside

VISION: What is it exactly that we want!

COMMUNITY: Do we have enough community around this wish?

CREATE NEW VALUE: ‘Are we able to create new value with our initiative?

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6. Learning: from others & by doing ü Target group ü Motivation ü Boundaries (participants, content, ...) ü ‘Create loops': linking assets to needs ü Organisational authority and partners ü Mechanism (issuance, demurrage) ü Paper, virtual, software ü Technical safety

ü Organisational integrity ü Legal issues ü Organisational structure ü Management ü Team and continuity ü Control ü Costs & financing (start up and continuity) ü Tax issues ü Link with €uro or other currencies/communities www.newshoestoday.com

7. Workshops 1. How to create your own CC ?

2. Portrait:

HUB CC, Torekes, Schoenen

3. More about existing CCs: Design, Categorization 4. Your suggestions…

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23/05/11

www.newshoestoday.com/reality Igor Byttebier & Leander Bindewald

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