Quote:
Kind of like how all other paper currency is? I high value written on something as cheap as a piece of paper?
Kind of like how all other paper currency is? I high value written on something as cheap as a piece of paper?
Thing is, in order to exercise that value, you have to pass on the piece of paper. In other words, the value stays with the object. That is not true in this case!
If someone hands you a $20 note, you have a pretty clear idea of how much buying power you can exercise using it. If someone hands you this object, you have no way of knowing whether it has (para-)currency value at all, & if so, how much. In that way, it is more like a gift card, which may have an arbitrary value attached to it, or none at all.
Edited by publius
08/10/2013 7:10 pm
08/10/2013 7:10 pm


















