Brooklyn could be getting its own currency

Can you spare a Torch?

Are you upset enough about the American economy to … remove yourself from it? You might get that chance in north Brooklyn, where a new currency called the Brooklyn Torch is about to launch, Brooklyn Based reports. The Torch is what BB calls a “barter system mixed with performance art and dash of idealism” with the goal of sparking the local economy and encouraging social interactions that go beyond the typical dollar exchange. The Torch folks won’t say when they’re launching yet, but they’ve already got a list of participating businesses, so you eventually could pay 100 Torches for an hour of tattooing or 30 for an hour of guitar lessons. The Torch is equal to $1, but organizers hope to encourage special deals and discounts for Torch wielders. Read more at BB. Would you use it?

One Comment