The currency is only good within the boundaries of the city limits.
Hopes are that the Davis will promote buying locally, and stimulate the city's economy.
So far around fifty businesses are accepting Davis Dollars, which have a value equal to that of the US Dollar.
They can be purchased via the town's website, or at the weekly farmer's market.
Davis is not alone in adding it's own currency. Around the country there are several dozen who have already done so.
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