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beantown

i like the reuse of the line in the grocery store to be an old timey shop - had to to check that the faces were the same but now there’s more with all kinds of hats - are we gonna get an old timey hat video in the future 👀

Dennis Negron-Rivera

What about dollar coins? The dollar is not so worthless yet that we need to abolish all coins and just stay with whole dollars, but I’m curious to see a video that explains how much a dollar coin costs to mint, and compare it to using a paper bill.

Dan M

So good.

Omar Mtz

America has a gun.

Bryce Graves

It's so interesting how something that seemed to obvious to people at the time not feels so obviously wrong now. I can't imagine how we would handle the rapid fluctuation in the price of metal if that's what derived the value. Feels like they would behave more like crypto currency does now than anything else.

Michael

Fascinating bit of history!

Anschel Schaffer-Cohen

Interesting thing about "this is how coins have worked for millennia": according to David Graeber's book "Debt" (which could just as well have been titled "Money") the idea that a coin should contain its value in precious metals is a pretty modern thing, stemming from IIRC the 1600s. Medieval coins tended to have face values higher than their metal content, for all the same reasons that modern coins do: it saves the government money, it avoids the coins falling out of circulation if metal values change, and as long as the government is willing to accept them at face value (for e.g. the mail, and especially for taxes) they will effectively have that value.

Bonnie Fiddis

Gotta love a double upload day and it's mildly amusing that the bonus video is actually longer than the main one.

Maarten Daalder

Nothing as permanent as a temporary solution. XD

Stephen Joseph Smith

There are two N’s in “millennia” but only one N in that word’s appearance in the video. Sorry, Grey.

John Iacopino

honestly what a great video. This patreon thing is worth every penny

Paul Bruner

I always wondered why, during the gold rush, prospectors would pay in straight gold for stuff that seemed way overpriced stuff. That's just the local things that a blacksmith or local moonshine. I know those camps were full of Carpetbagger's but, I would of thought the second you arrived you would of realized how bad the exchange rate was... Unless his bag was full of silver coins humm.