I honestly don’t know what to make of this story. Satire? Stupidly? WTH?
Perhaps they could give a few of these coins to the Chinese as payment of the debt. I’m sure that would work just fine. Not.
Why not just make 10,000 of those things and make everyone a millionaire!
DC.....the place where logic goes to die.
No. They’re serious.
You see, what they want to do is create some fiat currency to deposit with the fiat-currency creators, so that the fiat-currency creators can chalk it up as an asset and the fiat-currency coin can be used as an asset to pay down the debt caused by the fiat-currency creators and those who obtain and increase power by giving the OK to fiat-currency creators to create more fiat currency, so that those in power have fiat currency to spend in order to buy votes.
It makes perfect sense in an economy that uses fiat currency and fractional-reserve banking as its monetary policy.