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by 0x4f3759df 2997 days ago
Some un-banked people use sneakers (eg. Air Jordans) as 'stores of value'

Source: I've watched all the sneaker documentaries on Amazon prime.

2 comments

How Tide Detergent Became a Drug Currency

https://news.ycombinator.com/item?id=5023204 (2013)

Are sneakers bit larger, bulkier and harder to store than cash? If your wearing a pair I guess not, but then your stored value is diminishing with each step.
your stored value is diminishing with each step

This is a plight of poor people, if not the plight of poor people, since time immemorial.