aldin on Nostr: You might think that central banks would pull out coins of small denomination from ...
You might think that central banks would pull out coins of small denomination from circulation when inflation makes them worthless. Wrong! This one tiny #fiat coin is worth about 8 sats and was issued in 2022.
They might be getting to a territory where the metal is worth more than the face value which would technically make them backed by metal. How based is that? 😅
Published at
2023-06-30 20:04:44Event JSON
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"content": "https://nostrcheck.me/media/public/nostrcheck.me_9061665755556152911688147693.webp \nYou might think that central banks would pull out coins of small denomination from circulation when inflation makes them worthless. Wrong! This one tiny #fiat coin is worth about 8 sats and was issued in 2022.\n\nThey might be getting to a territory where the metal is worth more than the face value which would technically make them backed by metal. How based is that? 😅",
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