Comment on EVERYBODY IS DOING SOMETHING

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my_hat_stinks@programming.dev ⁨1⁩ ⁨day⁩ ago

If the coins are 100% gold or copper then you’re in one of two scenarios: the value of the coin is the scrap metal value, in which case swapping between gold and copper makes little difference; or, the mint buys your scrap gold and converts it in-house, pocketing the difference. A mint has no reason to convert your gold to significantly higher value coins for you, that only loses them their economic and political power in the form of currency control.

The only way it would work is if you specifically build a world where everyone else is incredibly stupid just to make yourself seem smart.

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