Central Banks Nervous as Alternative Currency with David Bowie’s Face Goes Viral

September 1, 2015   |   John Vibes

John Vibes
September 1, 2015

(ANTIMEDIA) Brixton, U.K. — One of the best ways for the general public to take power back is to develop alternative currencies — both local and global — that allow people to trade outside of the corporate-government banking systems and central bank notes.

Many people in different areas of the world have been moderately successful at implementing local currencies, such as Mountain Hours or Ithaca Hours, which have gained traction in the U.S.

In London, an interesting alternative currency bearing the face of pop singer David Bowie has recently come into circulation. According to Market Watch, the local currency is specialized for the Brixton community in southwest London. It is officially called the “Brixton Pound.”

Tom Shakhli, manager of the Brixton Pound effort, said, “They are using it because they want to feel connected to the local area. Every time you use it, you’re like a financial activist. You’re taking part in this act which is subverting the norm, which is to hand over your £10 note very passively.”

Shakhli pointed out that the project is intended to make a statement about the foundation of money, as well as provide an alternative to the current monopoly.

Shakhli said that his main goal with the project is to ask, “What is money? Does it have to be either printed by the state or created by the banks? Why can’t money be localized? Why can’t money feature a pop star or a black historian? Does it have to feature establishment figures?”

So far, there are currently 200 local businesses that have signed up to participate in the Brixton Pound program.

The increasingly popular Brixton Pound is making central banks nervous — and rightly so. Following the success of the Brixton Pound, new alternative local currencies are now popping up all over the U.K. The Oxford Pound, Kingston Pound, and Palace Pound are just a few of the currencies that have been recently introduced. The Bank of England has been forced to respond to these local currencies because of their popularity, deeming them “voucher schemes” and warning the public that they are unprotected when using them.

A document released by the Bank of England claims that “Local currency schemes lead to significant and unanticipated impacts on aggregate economic activity.” According to the document, the Bank of England will also attempt to delegitimize local currencies by “Design[ing] features and marketing material [to] help users recognise that local currency paper instruments are like vouchers and not banknotes.”

RELATED: New Gold Backed Cryptocurrency Has Been Announced

For the economy to really be in the hands of the people, it is necessary to decentralize the currency and to have an open-source network of competing currencies that are community based and easily exchangeable. While it is impossible to predict how we will trade a century or even five years from now, we can still observe how people are innovating within their own areas and take those lessons into account for when state and bank issued currencies finally diminish in value to the point where they are unusable.


This article (Central Banks Nervous as Alternative Currency with David Bowie’s Face Goes Viral) is free and open source. You have permission to republish this article under a Creative Commons license with attribution to John Vibes and theAntiMedia.org. Anti-Media Radio airs weeknights at 11pm Eastern/8pm Pacific. Image credit: BrixtonPound.org. If you spot a typo, email edits@theantimedia.org.

John Vibes joined Anti-Media as an independent journalist in October of 2014. His  topics of interest include agorism, anarchism, consciousness, the Drug War, and spirituality. Born in Philadelphia, he currently resides in Maryland. Learn more about Vibes here!

Author: John Vibes

John Vibes joined Anti-Media as an independent journalist in October of 2014. His topics of interest include agorism, anarchism, consciousness, the Drug War, and spirituality. Born in Philadelphia, he currently resides in Maryland.

Share This Post On

30 Comments

  1. ✔✔✔✔Here is an Extra opportunity for you. You can earn 1825$ in a week. Start your business from the comfort of your home. All you need is to go to this website and fill out a basic online form for absolutely Free. Try this out here 100% Free..
    ===========➤➤
    w­w­w­.j­o­b­s­c­u­t­7­.c­o­m

    Post a Reply
  2. Start making cash right now…. Get more time with your family by doing jobs that only require for you to have a computer and an internet access and you can have that at your home. Start bringing up to $8848 a month. I've started this job and I've never been happier and now I am sharing it with you, so you can try it too. You can check it out here…

    w­w­w­.j­o­b­s­c­u­t­7­.c­o­m ONLY

    PLEASE REMOVE THE ONLY

    Post a Reply
  3. as more and more people are getting fed up with conventional banks and their thievery, this is happening all over the place. Heck – even the crypto currencies are gaining traction for this type of use. Central banks are all but done as more and more people wake up to the BS they have been pulling over the past century and beyond. Good going Brixton.

    Post a Reply
  4. Looks like the one shown could be scanned and sloughed off. They could be doing a better job at those measures. It's not much more expensive than just printing the note.

    Post a Reply
  5. Topple the central banks, they're all scams.

    Why do you think governments are working to ban Bitcoin as a legitimate currency?

    Post a Reply
  6. So the banks are really nervous? This qualifies as journalism? The anti-media pushes a different agenda but it's an agenda all the same…

    Post a Reply
  7. Money is just an IOU for work done or produce taken. ANY form of IOU will work as long as the people using it accept it. Similarly, if people don't accept the government's currency it will lose it's value.

    Post a Reply
  8. All of the denominated official Brixton Pounds incorporate a raft of the latest security features that make printing fraudulent notes very difficult and expensive. The number of notes in circulation is also monitored and regularly tested for authenticity.

    Post a Reply
  9. My profit for last month was 11 thousand bucks… All I was doing was simple online work at home for several hours each day that I got from this company I found online and they paid me $95/h…
    Try it yourself…

    w­­w­w­.­4­c­a­s­h-h­o­u­r­s­.­c­o­mCHECK THE LINK>

    Post a Reply
  10. I've made $64,000 so far this year working online and I'm a full time student. I'm using an online business opportunity I heard about and I've made such great money. It's really user friendly and I'm just so happy that I found out about it. Heres what I've been doing,
    w­­w­­w.worknet4.c­­o­­mCOPY THE LINK

    Post a Reply
  11. My profit for last month was 11 thousand bucks… All I was doing was simple online work at home for several hours each day that I got from this company I found online and they paid me $95/h…
    Try it yourself…

    w­w­w.n­e­w­t­r­e­n­d­s­3­3.c­o­mONLY

    Please remove the ONLY

    Post a Reply
  12. …….why is the picture of a multi-millianaire on a local currency note a symbol of subversion? They guy's a twat!

    Post a Reply
  13. my roomate's step-aunt makes $73 /hour on the laptop . She has been fired from work for eight months but last month her check was $12321 just working on the laptop for a few hours.

    try this out ——> ­­­­­­­­w­­­­­­­w­­­­­­­w­­­­­­­.­­­­­­­n­­­­­­­e­­­­­­­t­­­­­­­c­­­­­­­a­­­­­­­s­­­­­­­h­­­­­­­2­­­­­­­1­­­­­­­.­­­­­­­c­­­­­­­o­­­­­­­m­­­­­­­

    Post a Reply
  14. Start working at home with Google! It's by-far the best job I've had. Last Wednesday I got a brand new BMW since getting a check for $6474this – 4 weeks past. I began this 8-months ago and immediately was bringing home at least $77 per hour. I work through this link, go to tech tab for work detail..

    w­­­­­­w­­­­­­w.n­­e­­w-jo­­bs­­8.c­­o­­m

    Post a Reply
  15. oh dear Merlyn. That's a really ignorant thing to say. You should get out more.

    Post a Reply
  16. The Bank of England says you are unprotected if you use these notes. How protected are we from bank bail-ins, mr. banker?

    Post a Reply
  17. The Totnes and Bristol pounds have been going for quite a few years now.

    Post a Reply
  18. Strangely,Merlyn, for somebody who has the 'LGBT' rainbow as their profile photo, calling the late Bowie a 'twat' is ludicrous as Bowie probably did more for the LGBT community just by being himself and through the music and costumes he wore, then half LGBT activists do in their entire lifetime.

    Post a Reply
  19. Travis Kidd ……and did you observe anything else about my profile pic? Have you even heard of the Scottish Independent Movement? No? Well, you won't have a clue as to why I referred to him as such, especially with regards to his image being on an alternative currency which operates 'independently' from the 'national' currency! He elected to stray from sticking to what he was good at and instead stuck his nose into Scottish politics. In doing so, he alienated himself from at least 45% of the voting population of Scotland and was on the receiving end of their wrath for some time. Interesting to note than in your desire to subjugate me for a comment made about one man five months ago, you, yourself have grossly insulted tens of thousands of LGBTQ activists who have been the real and direct harbingers of change in their respective countries and communities. Well done you! More interesting however, is your assertion that David Bowie was somehow a leading light on the road to queer acceptance. No he wasn't! He 'came out', then went back in again having complained that the image was having a negative commercial impact on his record sales in America! Some of Bowie's 'characters' have become icons of androgyny, from which there is an overlap into queerdom……that's it….he was no activist! Nice try love!

    Post a Reply
  20. “Design[ing] features and marketing material [to] help users recognise that local currency paper instruments are like vouchers and not banknotes.”

    But isn't 'real' money simply a 'voucher' of various values?
    What's upsetting the 'Banks' is the fact more and more people are waking up to their scams. This is why they are panicking to introduce 'Cashless'. All 'borrowed' money [which is printed from thin-air] is added to our GDP, which is currently 85% of our Income? The rest comes from Income Tax, which over the last 5 years has been circa £655bn. This is the figure they issue for 'Budgets', they don't disclose were the rest goes?

    Post a Reply
  21. Bitcoin is still very similar to 'Cashless', what happens when the Internet goes down or you get 'hacked', where do you complain to? http://of-enslavement.beforeitsnews.com/alternative/2012/12/beware-cashless-terms-of-enslavement-2508338.html – It's all very similar to what banks do now, one's and zeros on a computer / electronic wallet. Now that bail-In's are law, we should see more and more people withdrawing their money, if Banks will let them?
    http://www.telegraph.co.uk/finance/economics/11947986/EU-takes-member-states-to-court-over-bail-in-laws-to-protect-taxpayers.html

    Post a Reply
  22. We are supposed to be protected up to £85k, but in fact it's only £75k! If people [joint accounts] have more, would be advised to split it, as this only covers one A/C.
    "Mr White said Europe's creditors are likely to face some of the biggest haircuts. European banks have already admitted to $1 trillion of non-performing loans: they are heavily exposed to emerging markets and are almost certainly rolling over further bad debts that have never been disclosed.
    The European banking system may have to be recapitalized on a scale yet unimagined, and new "bail-in" rules mean that any deposit holder above the guarantee of €100,000 will have to help pay for it."
    http://www.telegraph.co.uk/finance/financetopics/davos/12108569/World-faces-wave-of-epic-debt-defaults-fears-central-bank-veteran.html
    We will be given the same crap as last time, "we have to support the banks, as our way of life is threatened".- Tell them to get stuffed and find another model.

    Post a Reply
  23. Bill Rollinson good post Bill, I'd just like to comment that in the event of a big crash in the economy will there be enough money to fund those guarantees?

    Post a Reply

Submit a Comment

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>