[OT] [Coco] Money

[James Hrubik]

Hey, John, I didn't say it was worthless, Merch did.  Value is a  
perception.  If you can get people to accept sheets of toilet paper  
in exchange for anything, it has worth, i.e., value, to the  
participants in the transaction.  Wampum, nose rings, pumpkins,  
toenail clippings -- all are potential money.  That's why the IRS  
hates barter; they want the tax in the equivalent number of US  
dollars, but they accept checks and credit cards as easily (maybe  
more easily -- are they smarter than we think?) as FRNs.  Polish  
zlotys had plenty of worth in Poland, even back when their exchange  
rate was 10,000 zlotys/US dollar.  You couldn't buy much with them in  
the US, though.  What's a CoCo worth?  There was a time when people  
paid over $200 CDN for a 64K CoCo2 (I know, in 1985 I was one of them!).

My comment, which was not included in your quote, had to do with the  
counterfeiting being done by our global neighbors -- the ones who are  
becoming very important at the UN.  It's hard to counterfeit gold,  
unless you're an alchemist.  %^D

Please be careful with the quote levels in replying to posts.

On Dec 9, 2005, at 8:13 AM, John W. Linville wrote:

> On Thu, Dec 08, 2005 at 05:01:00PM -0500, Roger Merchberger wrote:
>> Rumor has it that James Hrubik may have mentioned these words:
>
>> FRN is short for Federal Reserve Note - i.e. - that worthless  
>> green ugly
>> crap in your wallet.
>
> Yeah, worthless...let me help you out!  Just mail all that you've got
> to me, and I'll take care of it.  You can even send it postage due,
> I don't mind! :-)
>
> John
> -- 
> John W. Linville
> linville at tuxdriver.com
>
> -- 
> Coco mailing list
> Coco at maltedmedia.com
> http://five.pairlist.net/mailman/listinfo/coco

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