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In Ithaca We Trust: Adventures in Local Currency

Posted on June 19, 2012 by shira

Among its many claims to fame, Ithaca is home to one of the world’s most famous alternative currencies – Ithaca Hours. Celebrating its 20th year, the currency was designed to keep money in the community and bolster local self-reliance. We are currently working with the Ithaca Hours nonprofit to create a new logo as they expand beyond paper money to a LET system, enabling people to track their balance online and use smartphones for transactions, and a time bank so that people can swap their time with others in the community.

Since we are getting paid for our design work in Ithaca Hours, we get to explore the many ways they can be spent locally. So far, we’ve used them to pay for tax preparation, buy veggies at the farmer’s market and get bagels from Ithaca Bakery. In the coming months, we hope to see more and more local businesses accept Ithaca Hours and help build the critical mass needed for the currency to thrive for another twenty years and more.

If you want to help the LET system get off the ground, you can donate to the Ithaca Hours Indiegogo campaign!

Related posts:

  1. Support Ithaca Hours – help our community make its own money!
  2. Fun with Powerpoint – Share Tompkins Presentation at Ignite Ithaca
  3. “The role of trust in high tech work- The case of Freelance Web-Designers in NYC”
  4. We’re in the Ithaca Times!
  5. ‘Tis the Season for Sharing and Bartering

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