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23/05/11




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




                          www.newshoestoday.com
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
                                           www.newshoestoday.com
HUB CC, TOREKES, SCHOENEN




                 Leander Bindewald


Igor Byttebier




                        www.newshoestoday.com
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!


                                                     4
                                   www.newshoestoday.com
2. Framing

Why do we do things?

               ü  FROM THE INSIDE



              ü FROM THE OUTSIDE




                                                       5
                                     www.newshoestoday.com
Bedankt !




                              6
            www.newshoestoday.com
Bedankt !




                              7
            www.newshoestoday.com
Bedankt !




                              8
            www.newshoestoday.com
3. Why Money?


 ü  Convenience in exchange

 ü  Convenience in measuring, valuing

 ü  Saving




                                                      9
                                    www.newshoestoday.com
3. Why Complementary Currency?

    The problems of the €uro monopoly
                      =
          The opportunities for CC



Unmet Needs      &    Underutilised Resources




                                                    10
                                   www.newshoestoday.com
3. New CCs with Social Goals
6000




5000                                                                                                                      Argentina

                                                                                                                          Elsewhere

                                                                                                                          Japan
4000
                                                                                                                          Other Europe

                                                                                                                          Italy

                                                                                                                          Germany +
3000                                                                                                                      Austria
                                                                                                      Other Europe        France

                                                                                                                          Benelux
                                                                                                      Germany +
2000                                                                                                                      UK
                                                                                                    Austria

                                                                                                         Benelux          Australia

                                                                                                                          New Zealand
                                                                                                       UK
1000                                                                                                                      USA + Canada



                                                                                                   USA + Canada
  0
       84   85   86   87   88   89   90   91   92   93   94   95   96   97   98   99   2000 2001 2002 2003 2004 2005




                                                                                                                                         11
                                                                                                                       www.newshoestoday.com
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



                                                               12
                                              www.newshoestoday.com
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
                                          www.newshoestoday.com
From the Outside: Air Miles




                                               14
                              www.newshoestoday.com
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

              From the Outside: RegioGeld
kilometres from Munich. The region is called ‘Chiemgau’. About half a million people
 there.




                      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                       15
 rding and speculation.                                                                      www.newshoestoday.com

 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
From the Outside: C3, Brazil - Uruguay - Spain


  C3 – Commercial Credit Circuit




                                                                  16
                                                 www.newshoestoday.com
From the Outside: Torekes,Gent




                                 www.newshoestoday.com
From the Inside: WIR, Switzerland




                                                     18
                                    www.newshoestoday.com
From the Inside: LETS, TimeBanks




                                                    19
                                   www.newshoestoday.com
From the Inside: Transition Town Currencies, UK




                                                                   20
                                                  www.newshoestoday.com
From the Inside: Hubees & Huney, HUB Brussels




                                                                 21
                                                www.newshoestoday.com
Examples: Many others



   SEL




                        Furrai Kippu

                                                        22
                                       www.newshoestoday.com
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?
                                                           23
                                          www.newshoestoday.com
6. Learning: from others & by doing
ü  Target group                     ü  Organisational integrity
ü  Motivation                       ü  Legal issues
ü  Boundaries (participants,        ü  Organisational structure
    content, ...)                    ü  Management
ü  ‘Create loops': linking assets   ü  Team and continuity
    to needs
                                     ü  Control
ü  Organisational authority and     ü  Costs & financing (start up
    partners                             and continuity)
ü  Mechanism (issuance,             ü  Tax issues
    demurrage)
                                     ü  Link with €uro or other
ü  Paper, virtual, software             currencies/communities
ü  Technical safety

                                                        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…




                                         www.newshoestoday.com
23/05/11




www.newshoestoday.com/reality

Igor Byttebier & Leander Bindewald




                                     www.newshoestoday.com

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Complementary currencies Igor Byttebier new shoes today

  • 1. 23/05/11 Complementary Currencies for business and network goals Why, Who, What and HOW? www.newshoestoday.com
  • 2. 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 www.newshoestoday.com
  • 3. HUB CC, TOREKES, SCHOENEN Leander Bindewald Igor Byttebier www.newshoestoday.com
  • 4. 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! 4 www.newshoestoday.com
  • 5. 2. Framing Why do we do things? ü  FROM THE INSIDE ü FROM THE OUTSIDE 5 www.newshoestoday.com
  • 6. Bedankt ! 6 www.newshoestoday.com
  • 7. Bedankt ! 7 www.newshoestoday.com
  • 8. Bedankt ! 8 www.newshoestoday.com
  • 9. 3. Why Money? ü  Convenience in exchange ü  Convenience in measuring, valuing ü  Saving 9 www.newshoestoday.com
  • 10. 3. Why Complementary Currency? The problems of the €uro monopoly = The opportunities for CC Unmet Needs & Underutilised Resources 10 www.newshoestoday.com
  • 11. 3. New CCs with Social Goals 6000 5000 Argentina Elsewhere Japan 4000 Other Europe Italy Germany + 3000 Austria Other Europe France Benelux Germany + 2000 UK Austria Benelux Australia New Zealand UK 1000 USA + Canada USA + Canada 0 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 2000 2001 2002 2003 2004 2005 11 www.newshoestoday.com
  • 12. 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 12 www.newshoestoday.com
  • 13. 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 www.newshoestoday.com
  • 14. From the Outside: Air Miles 14 www.newshoestoday.com
  • 15. 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 From the Outside: RegioGeld kilometres from Munich. The region is called ‘Chiemgau’. About half a million people there. 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 15 rding and speculation. www.newshoestoday.com 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
  • 16. From the Outside: C3, Brazil - Uruguay - Spain C3 – Commercial Credit Circuit 16 www.newshoestoday.com
  • 17. From the Outside: Torekes,Gent www.newshoestoday.com
  • 18. From the Inside: WIR, Switzerland 18 www.newshoestoday.com
  • 19. From the Inside: LETS, TimeBanks 19 www.newshoestoday.com
  • 20. From the Inside: Transition Town Currencies, UK 20 www.newshoestoday.com
  • 21. From the Inside: Hubees & Huney, HUB Brussels 21 www.newshoestoday.com
  • 22. Examples: Many others SEL Furrai Kippu 22 www.newshoestoday.com
  • 23. 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? 23 www.newshoestoday.com
  • 24. 6. Learning: from others & by doing ü  Target group ü  Organisational integrity ü  Motivation ü  Legal issues ü  Boundaries (participants, ü  Organisational structure content, ...) ü  Management ü  ‘Create loops': linking assets ü  Team and continuity to needs ü  Control ü  Organisational authority and ü  Costs & financing (start up partners and continuity) ü  Mechanism (issuance, ü  Tax issues demurrage) ü  Link with €uro or other ü  Paper, virtual, software currencies/communities ü  Technical safety www.newshoestoday.com
  • 25. 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… www.newshoestoday.com
  • 26. 23/05/11 www.newshoestoday.com/reality Igor Byttebier & Leander Bindewald www.newshoestoday.com