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RE: What’s a fistfull of dollars worth? They may be near worthless, but here is how to give them, (or even Monopoly money), value
Hi, @swissclive! Thank you for a really cool and easy to understand example. You just increased my understanding of how money works.
[...] you will soon have some natives willing to try and take advantage of your crazy pricing.
Brilliant.
Not only money, but the stock market as well. Keep changing the price and people will want to play with it.
Right, and of course! On another note, I used your example yesterday to explain this to a friend, with great success. He just couldn't (and wouldn't) grasp how cryptocurrencies could have any value at all, without being scams. When I finally told him this story, it seemed like a lightbulb went off.