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Brixton shopkeeper taking a local currency that has been in existence since around the same time Satoshi Nakamoto released his fateful paper
According to Brett Scott, a Brixton resident and author of The Heretic’s Guide to Global Finance, the Brixton Pound has become popular in the past year, but not because bitcoin has paved the way. While the Brixton Pound and bitcoin are both alternative currencies that don’t rely on the Bank of England, they attract users for different reasons.
“In reality, bitcoin tends to appeal to a very different crowd. Local currencies are all about building community ties, whereas bitcoin is focused on preserving personal autonomy and personal wealth, ” he said.
