Irving
08-21-2014, 21:25
http://blogs.westword.com/showandtell/2014/08/local_colorado_currency_cojacks_makes_its_debut.ph p
Friday August 22, 2014, Colorado currency COJacks will hit the Colorado economy. It seems to me like the creators of this currency don't really understand currency as well as they think they do. There is an example in the article, used to demonstrate how this currency is supposed to work, but the example doesn't make sense. They even mention how the example can be disrupted, without seeming to realize that their idea is doomed to fail for that exact same reason.
I think this is a great example of people not learning from history. There is a reason workers went on strike against barons when they were only paid in company coupons. He'll, even It's Always Sunny in Philadelphia had an episode where the bar tries this exact thing and instantly fails.
Read the article and comment, as maybe I'm missing something. Also, I'm posting from my phone, so please forgive me for any strange auto correct grammar errors.
Friday August 22, 2014, Colorado currency COJacks will hit the Colorado economy. It seems to me like the creators of this currency don't really understand currency as well as they think they do. There is an example in the article, used to demonstrate how this currency is supposed to work, but the example doesn't make sense. They even mention how the example can be disrupted, without seeming to realize that their idea is doomed to fail for that exact same reason.
I think this is a great example of people not learning from history. There is a reason workers went on strike against barons when they were only paid in company coupons. He'll, even It's Always Sunny in Philadelphia had an episode where the bar tries this exact thing and instantly fails.
Read the article and comment, as maybe I'm missing something. Also, I'm posting from my phone, so please forgive me for any strange auto correct grammar errors.