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by colanderman
5542 days ago
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The Barbie example doesn't really make much sense. I could just as easily say I'm trading Malibu Barbie which is nominally worth $25 for a Space Barbie which is nominally worth the same, and run afowl of currency laws. Or that I'm trading Space Barbie for lunch with no mention of nominal worth and call it barter. The test you propose about conversion is at least logically consistent, but it's not what I see applied. For example, Berkshares (local currency in the Berkshires) can be traded for USD but they don't run afowl of currency laws. |
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