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No Food for Thought

What happens when an alternative currency becomes legal tender?

admin Sunday September 26, 2021

Some people think of "alternative currencies" as wonderful solutions to economic problems. But obviously, no currency can have any significant impact without becoming legal tender.

So what would happen if a country actually adopted an "alternative currency" as legal tender? Well, unless you're in El Salvador, you're in luck: it's already been tried.

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