Bridgetown Bucks is a currency designed for local use in the Portland, Oregon area. It is a local complementary paper currency note available in four denominations 1, 5, 10, and 20. These beautiful notes are issued by the PDX Currency Corporation, an Oregon non-profit company. This is not government issued money, this is a local currency which will begin circulating in early 2013. The notes are not legal tender and not issued by or associated with any Federal, State, City or local form of government. This is a voluntary use product which only circulates in a small well defined area in and around Portland, Oregon.
These notes can be spent at participating locally owned Portland merchants or exchanged back into national currency anytime through identified locations around town. Each "Buck" has a value pegged to the U.S. dollar and participating merchants will always accept the notes at face value.
The currency works towards building the local economy by maximizing the circulation of trade within the Portland area. The notes, which have no value outside of the Portland area, encourage wealth to recirculate within the community rather than flowing to out-of-state corporate headquarters and out-of-country suppliers. This ability to recirculate through multiple local transactions and stay within the community can help to build a more resilient local economy in the face of globalized world trade. Shopping at locally owned stores, helps people take personal responsibility for the economic well-being of their community and lays the foundation for a truly vibrant, thriving local economy.