Startups

BNotes: local currency increases circulation, expands to new businesses

There is now $35,000 worth of Baltimore's local, alternative currency in circulation.

BNotes.

Two years ago, Jeff Dicken and the Baltimore Green Currency Association (BGCA) introduced BNotes to Baltimore. It’s the city’s alternative currency presently available in one- and five-dollar denominations. Ten U.S. dollars gets you 11 dollars’ worth of BNotes.
In April, at BNotes’ two-year anniversary, there were $33,000 of BNotes in circulation. Circulation has since increased to $35,000, and BNotes are now accepted at more than 210 businesses, including four new ones:

That’s right — buy a bicycle with local currency.
View the full BNote business directory here.
At the two-year mark, Technically Baltimore reported that Dicken wasn’t sure when the BGCA would do another printing of BNotes. But in an e-mail, Dicken said he and colleagues are now planning to have available 10- and 20-dollar denominations of BNotes “next year or as soon as practically possible.”
The Gathering food truck festival this Friday will donate a portion of the proceeds from selling drink wristbands to the Baltimore Green Currency Association. It’s free to attend. More information here.

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