×
Login Register an account
Top Submissions Explore Upgoat Search Random Subverse Random Post Colorize! Site Rules
9
4 comments block


[ - ] Xantha 1 point 2.8 yearsJul 15, 2021 00:37:18 ago (+1/-0)

There are tons of collectors of various historical currencies, but many of them refuse to deal with CSD because of extremely rampant counterfeiting of it. CSDs could be worth even more than they are now if it weren't for the counterfeiting.

[ - ] TheViciousMrPim 0 points 2.8 yearsJul 14, 2021 18:46:27 ago (+0/-0)

A commodity desirable to many groups of people and in a fixed supply tend to rise in value. And while it may have a dollar value, you can't just spend it in most businesses.

[ - ] Crusade 0 points 2.8 yearsJul 14, 2021 20:06:23 ago (+0/-0)

These were 1:1 at some point, then worthless.

It makes the point that the USD is worthless, even compared to a currency no longer legal tender.

[ - ] TheViciousMrPim 0 points 2.8 yearsJul 14, 2021 20:47:43 ago (+0/-0)

It's not a currency though. Not a currency actively traded as currency. It's a historical object that is effectively a collectible and they aren't making any more. The supply of this desired historical object can only fall. It's a completely apples and oranges comparison. Its like comparing the value of a dollar to a roman coin. It's an object w value, not a currency.