Comment on Currency

mech@feddit.org ⁨1⁩ ⁨day⁩ ago

Since McDonalds doesn’t keep a Big Mac in a vault for every coin they issue, but rather make one whenever a coin is spent, it’s the exact same principle as other currency. And like other currency, its value derives from everyone’s trust in McDonalds’ ability to keep making Big Macs in the future.

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