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Articles by: Aaron Fernando

The English City With Its Own Cryptocurrency: Q&A With The Founders Of HullCoin

The English City With Its Own Cryptocurrency: Q&A With The Founders Of HullCoin

The staff at the nonprofit organization HullCoin has done something very unusual in the city of Hull in northeast United Kingdom. They’ve launched their own local cryptocurrency — programmed on top of Bitcoin to be issued by nonprofits and social institutions — as a way of combating financial exclusion and other problems that are at the root of poverty. Residents of Hull can earn[Read More…]

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How One City In Spain Launched A Local Currency

How One City In Spain Launched A Local Currency

During her 2015 campaign, Barcelona’s mayor Ada Colau promoted the idea of launching a local currency in her city. Colau viewed a local currency as a way of defending independent businesses and residents from rapidly-rising rents and benefits that are disproportionately reaped by corporate chains instead of local stores. Though the community currency failed to materialize in Barcelona, the city immediately[Read More…]