Quote:
Originally Posted by galleryseek
If we're talking about currency, you legalize multiple currencies. Eventually the market will decide the winner.
|
So then while we are deciding I get to walk around with a dozen different kinds of money that are likely changing in value by the hour and any store I go to will either have to figure out the exchange rate of whatever currency I want to use to pay and/or have multiple prices on every item - one for each currency.
How would these currencies be backed? Who would back them? How does a company operate a currency as a for profit business?
It would be a headache beyond belief.