Bean-backed currency:
>Has intrinsic value
>Can always convert cash for actual food
>Has proof of work, somebody had to pick those beans you can't just print beans into existence
>Stable supply based on proper bean cycling to bean farm circulation ratios
I can't think of a better way to back currency.
Fuck gold-backed currency, why don't we have a bean-backed currency?
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Tfw bean baron
>currency backed by soi
>currency backed by soi
>not realizing that most early civilizations used currency backed by beans.
Mexico you have enough silver to go to silver back, you don't need to use beans that way.
But on a more serious note it would drive bean prices up due to investment demand, making it as luxury food. Imagine, luxury beans.
whats to stop bean inflation? i could buy 1000 acres and have billions of beans
Imagine the beanification of the world, everyone will be drawn into the bean rush
They'll naturally rot away/become inedible eventually
Naturally deflationary.
when you store something you cant use it. we would either starve in your bean baked currency or run low on money.
Brilliant. We’ll trade beans as currency and food.
>But on a more serious note it would drive bean prices up due to investment demand, making it as luxury food. Imagine, luxury beans.
Nah that wouldn't happen. If it got that profitable, everyone would start growing beans and it would regulate the price.
This is even easier to do than with gold, anyone can start growing their own beans.
Been growing beans lately. Food prices are going to continue to soar, so it just makes sense. They have a fucking ton of proteins and vitamins and they're easy to grow, last a long time after harvest, and dont need a lot of space.
idk about that
if i can them theyll last a very long time
Just like CBDCs they have a built-in timer before they self-destruct, increasing the velocity of your economy
Why don't we have a semen backed currency? Pretty based when you think about it.
this lil retard is the future of finance
this nigga tradin beans yall
coinmarketcap.com
thread reminded me of bitbean. solid blue chip crypto
Backed by more than most fiat currency, but there is the issue of salability across time and space.
Me too i tried to post the picture but it wont let me
We should have a teef based currency