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Alternative currency in works for Greensboro?

 I've been waiting for something like this to pop up. I just got an e-mail about a new initiative to create an alternative currency for Greensboro. A meeting will take place June 15 at the Greensboro HIVE for those interested. Local author and activist Signe Waller Foxworth is working on this and an event listing is on the HIVE's Web site.  

From the e-mail sent this week to residents and businesses: 

"During the past few years we have been able to see the economy drifting downward, and Greensboro has not been able to avoid the ramifications of the economic shift. Many people are struggling from pay check to pay check to survive; many other people are past that point. It is at such a critical point for Greensboro that as a community we try and come together to find a means to strengthen ourselves, and help support everyone.
A group of people have been working together on an initiative we think can help Greensboro called the Greensboro Currency Project. We are proposing to create a supplementary currency for Greensboro, which would help keep the transfer of money entirely local.

By having a local currency in Greensboro we foresee the following:
· Strengthen the local economy by supporting local businesses, and keeping the supplementary currency within Greensboro
· Strengthen community relations in general
· Provide opportunities for people who are economically disadvantaged
· Give people the opportunity to be intentional with their money and where it goes
· Help people, and the community, to become more economically self-reliant
· Work towards increasing the overall quality of life for the people of Greensboro

It is with all of these reasons, and more, that we feel that establishing a local supplementary currency in Greensboro would truly benefit everyone involved. There have been countless other communities that have adopted a supplementary currency such as Ithaca, NY, Great Barrington, MA, and Pittsboro, NC. With these cities and towns as models of running the process we would like to establish a local form of currency in Greensboro.
We want the Greensboro Currency Project to be based in this community, so we will combine the Greensboro feedback with other successful models. We invite community members who are interested, to come to a discussion on June 15th at 7 pm at The Hive, located at 1214 Grove Street. If you are interested but can’t attend the meeting, please contact the Greensboro Currency Project at greensborocurrencyproject@gmail.com. We are excited about this project which will benefit the Greensboro Community in many ways."