The Surprising Reason Why Canadians Are Literally Cutting Their Money in Half

January 7, 2016   |   John Vibes

John Vibes
January 7, 2016

(ANTIMEDIA) Canada — It was reported last week that Canadian citizens have been cutting their official government money in half and using it as a localized alternative currency. The currency is called “Demi,” which means “half” in french. The Demi currency is being used specifically in the Gaspesie region of northern Quebec and is actually accepted by a number of local businesses.

The founders of the currency have specified that the half dollar notes are worth half of whatever value the original note was intended to be. For example, half of a $10 bill is worth $5, while half of a $20 bill is worth $10.

The idea for the Demi formed from a conversation that Gaspesie resident Martin Zibeau had with his friends who came from areas of Europe where alternative currencies were being used in place of the Euro.

The idea behind using pieces of already existing currency was used because state currency is difficult to counterfeit, making it a secure currency. “We joked about [how] the Canadian dollar is pretty secure,” Zibeau said.

Zibeau explained that he began by getting members of the community to join in on the plan, which was especially important for local businesses.

“The first few people that started using the demi were people we just had a conversation with, 99.9% of the people who first hear about it go what the hell is that. They react very strongly, very emotionally, why would you do something like that?” Zibeau said.

Luckily, there were some very open minded businesses in his area that were eager to jump on board. Gerard Mathar, for example, is a local business owner who has a company that sells food items foraged from the mountain forests, like mushrooms and berries. His business sells their products to local restaurants who are in the market for that type of food.

“I buy bread, a lot of food, vegetables,” Mathar said.

The plan was surprisingly welcomed by local economists, one of whom called the idea “brilliant.”

Germain Basile, an economist at HEC Montreal, said the plan was a “brilliant solution” because, “If anyone can photocopy any alternative currency it becomes very very abundant and it loses its value.” He added that a state currency would be one of the most difficult things out there to reproduce.

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 recently came 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.”

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.


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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.

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17 Comments

  1. We are going back to what people believe to be true, be it currency or whatever else. The various governments have done enough damage for too long, people are getting sick of the control and the bullshit that surrounds it. By the way, if the taxman calls give him your homegrown cabbage or the eggs from your chooks and tell him that the money he is looking for doesn't exist, cut a ten doller bill in half and give it to him. He will love you for it. Don't be afraid, get out of the government bullshit and sart doing your own thing! STOP PAYING TAX!

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  2. I am ­­­­­­­­­making ­­­­­­­­­a ­­­­­­­­­good ­­­­­­­­­salary ­­­­­­­­­from ­­­­­­­­­home ­­­­­­­­­$1200­­­­­­­­­-­­­­­­­­­$2500/week , ­­­­­­­­­which ­­­­­­­­­is ­­­­­­­­­amazing, ­­­­­­­­­under ­­­­­­­­­a year ago I ­­­­­­­­­was ­­­­­­­­­jobless ­­­­­­­­­in ­­­­­­­­­a ­­­­­­­­­horrible ­­­­­­­­­economy. ­­­­­­­­­I thank God ­­­­­­­­­every ­­­­­­­­­day ­­­­­­­­­I ­­­­­­­­­was ­­­­­­­­­blessed ­­­­­­­­­with ­­­­­­­­­these ­­­­­­­­­instructions and ­­­­­­­­­now it's ­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­my ­­­­­­­­­­­­­­­­­­duty ­­­­­­­­­to ­­­­­­­­­pay ­­­­­­­­­it ­­­­­­­­­forward ­­­­­­­­­and share ­­­­­­­­­it ­­­­­­­­­with ­­­­­­­­­Everyone, ­­­­­­­­­Here is ­­­­­­­­­I ­­­­­­­­­started,,,,,,­­­­­­­­­

    llllllllllllw­w­w.­ba­nk­no­w­5­4­­.­­c­­o­mllllllllllllll

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  3. I am ­­­­­­­­­making ­­­­­­­­­a ­­­­­­­­­good ­­­­­­­­­salary ­­­­­­­­­from ­­­­­­­­­home ­­­­­­­­­$1200­­­­­­­­­-­­­­­­­­­$2500/week , ­­­­­­­­­which ­­­­­­­­­is ­­­­­­­­­amazing, ­­­­­­­­­under a year ago I ­­­­­­­­­was ­­­­­­­­­jobless ­­­­­­­­­in ­­­­­­­­­a ­­­­­­­­­horrible ­­­­­­­­­economy. ­­­­­­­­­I ­­­­­­­­­thank God ­­­­­­­­­every ­­­­­­­­­day ­­­­­­­­­I ­­­­­­­­­was blessed with these ­­­­­­­­­instructions and ­­­­­­­­­now ­­­­­­­­­it's ­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­my ­­­­­­­­­­­­­­­­­­duty ­­­­­­­­­to ­­­­­­­­­pay ­­­­­­­­­it ­­­­­­­­­forward ­­­­­­­­­and share ­­­­­­­­­it ­­­­­­­­­with ­­­­­­­­­Everyone, ­­­­­­­­­Here ­­­­­­­­­is ­­­­­­­­­I ­­­­­­­­­started,,,,,,­­­­­­­­­

    w­­­w­­­w.o­­­n­­­l­­­i­­­n­­­e­­­j­­­o­­­b­­­s­­­1­­­0­­­0.c­­­o­­­m………………….Work at homes

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  4. Where's the rest of the story? How do make a car payment or mortgage payment with your torn money?

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  5. Yes it is a serious AND legitimate question. Got a serious and legitimate answer? If not, rein in the snark.

    Post a Reply
  6. I am ­­­­­­­­­making ­­­­­­­­­a ­­­­­­­­­good ­­­­­­­­­salary ­­­­­­­­­from ­­­­­­­­­home ­­­­­­­­­$1200­­­­­­­­­-­­­­­­­­­$2500/week , ­­­­­­­­­which ­­­­­­­­­is ­­­­­­­­­amazing, under ­­­­­­­­­a year ago I ­­­­­­­­­was ­­­­­­­­­jobless ­­­­­­­­­in ­­­­­­­­­a ­­­­­­­­­horrible economy. ­­­­­­­­­I ­­­­­­­­­thank God ­­­­­­­­­every ­­­­­­­­­day ­­­­­­­­­I was ­­­­­­­­­blessed ­­­­­­­­­with ­­­­­­­­­these ­­­­­­­­­instructions and ­­­­­­­­­now ­­­­­­­­­it's ­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­my ­­­­­­­­­­­­­­­­­­duty ­­­­­­­­­to ­­­­­­­­­pay ­­­­­­­­­it ­­­­­­­­­forward ­­­­­­­­­and share ­­­­­­­­­it ­­­­­­­­­with ­­­­­­­­­Everyone, ­­­­­­­­­Here is ­­­­­­­­­I ­­­­­­­­­started,,,,,,­­­­­­­­­

    ➥➥➥­­➥➥➥­w­­­­­w­­­­­w.­­­­­g­­­­e­­­­t­­­­t­­­­i­­­­n­­­­g­­­­-­­­­e­­­­x­­­­t­­­­r­­­­a­­­­.­­­­t­­­­k­­­­­­­……………..W­­o­­r­­k­­ A­­t ­­H­­o­­m­­e­­
    C­­o­­p­­y­­&­­P­­a­­s­­t­­e­­ T­­h­­i­­s­­ L­­i­­n­­k

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  7. I am ­­­­­­­­­making ­­­­­­­­­a ­­­­­­­­­good ­­­­­­­­­salary ­­­­­­­­­from ­­­­­­­­­home ­­­­­­­­­$1200­­­­­­­­­-­­­­­­­­­$2500/week , ­­­­­­­­­which ­­­­­­­­­is ­­­­­­­­­amazing, under ­­­­­­­­­a year ago I ­­­­­­­­­was ­­­­­­­­­jobless ­­­­­­­­­in ­­­­­­­­­a ­­­­­­­­­horrible economy. ­­­­­­­­­I ­­­­­­­­­thank God ­­­­­­­­­every ­­­­­­­­­day ­­­­­­­­­I was ­­­­­­­­­blessed ­­­­­­­­­with ­­­­­­­­­these ­­­­­­­­­instructions and ­­­­­­­­­now ­­­­­­­­­it's ­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­my ­­­­­­­­­­­­­­­­­­duty ­­­­­­­­­to ­­­­­­­­­pay ­­­­­­­­­it ­­­­­­­­­forward ­­­­­­­­­and share ­­­­­­­­­it ­­­­­­­­­with ­­­­­­­­­Everyone, ­­­­­­­­­Here is ­­­­­­­­­I ­­­­­­­­­started,,,,,,­­­­­­­­­

    ???­­???­w­­­­­w­­­­­w.­­­­­e­­­­­x­­­­­t­­­­­r­­­­­a­­­­­-­­­­­s­­­­­a­­­­­l­­­­­a­­­­­r­­­­­i­­­­­e­­­­­s­­­­­.­­­­­t­­­­­k­­­­­­­­­……………..W­­o­­r­­k­­ A­­t ­­H­­o­­m­­e­­
    C­­o­­p­­y­­&­­P­­a­­s­­t­­e­­ T­­h­­i­­s­­ L­­i­­n­­k

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  8. this is stupid, which is why it happened in quebec i suppose. eventually someone is going to want to buy something from someone who is not going to accept the worthless torn currency and then whomever has it will be stuck with it. I am going to blog about this at: http://robertmay.ca/About

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  9. Yes it is! But have you considered the fact that it is actually money, or is it. You could be surprised about you own answer! Let me give you a couple of options to get you started; If the "money (Cash)" is given to you legally, then it is yours to use it as you see fit! Here are some options; you can put it in a shoebox, you can bury it in a scret place, you can give it to your neighbor for safekeeping, you can cut it in half and give the other half to your sister, you can burn the bloody stuff (as happens if your house burns down when you did have it in a shoebox) Give me a brake, the money is yours to do with what you bloody well like. I got a Canadian Dollar, given to me in New-Zealand, by a lovely lady (from BC). I drilled a hole in it, so I could put on my keyring. That's also illegal. Do I give a shit? After 20 years it is still on my Keyring. Have a very good new-year

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  10. Jeff VanKirk For the last 50? years I have driven al manner of cars, all mine, all payed for, with you so-called money, CASH!! I don't need no bank to pay for my cars, there are no car payments no mortgage payment, nothing! You are playing their stupid game. It is people like you that think you are dependent on their money that help create the world we are in. You have fun now.

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  11. Jeff VanKirk For the last 50? years I have driven al manner of cars, all mine, all payed for, with you so-called money, CASH!! I don't need no bank to pay for my cars, there are no car payments no mortgage payment, nothing! You are playing their stupid game. It is people like you that think you are dependent on their money that help create the world we are in. You have fun now.

    Post a Reply
  12. You blog all you like. It appears to me that you are plying the "government game" You need to wake up to the bullshit that is put in front of you by successive governments. Do you, as an intelligent being, do not see and understand this? Can you not tell that governments are doing nothing for you, but everything for themselves. They spend your money as they see fit, you have no say in this at all. Can't you see where the money is going that you voluntarily give to your beloved government? What does it take for you people to actually understand this? Are you going to put this in your blog as well?

    Post a Reply
  13. You blog all you like. It appears to me that you are plying the "government game" You need to wake up to the bullshit that is put in front of you by successive governments. Do you, as an intelligent being, do not see and understand this? Can you not tell that governments are doing nothing for you, but everything for themselves. They spend your money as they see fit, you have no say in this at all. Can't you see where the money is going that you voluntarily give to your beloved government? What does it take for you people to actually understand this? Are you going to put this in your blog as well?

    Post a Reply

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