Special ‘Funny Money’ as a local Canadian currency

Special ‘Funny Money’ as a local Canadian currency

Carleton, (Quebec) 1 September 2015 – It all started as a joke over a couple of beers in a local bar, but has been accepted as a local currency, unique to a few small towns around the south shore of the Gaspésie region and is being accepted by most local businesses.

They’re calling it a “demi”, (halfer) which in reality is a 5, 10 or 20 dollar bill cut in half. According to Martin Zibeau, who started it all over a beer with a friend from Nantes, the idea was to create a special currency that would be unique to the area and promote local shopping. For example; if something costs $8, one can simply cut his $20 bill in half, use the “demi” to pay and get change as if he had paid with a $10 bill. It may sound crazy, but it’s working.

It is apparently legal to cut in half or destroy bills as long as they stay in circulation; it is only illegal if the money is destroyed. The banks in the region are co-operating for the moment and will accept the two halves of the bills if and when they end up in their establishment, but only with the two “demis” with matching serial no’s.

One citizen from Saint Simeon, Patrick Dubois, has already bought some art work, a CD, a book and a haircut using the adopted currency. Even tourists appear to be catching on, with some actually cutting their bill in half to buy some souvenirs.

The idea might be a good one to make use of all those $20 bills we all get from ATMs.

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