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by perihelions
944 days ago
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Cigarette cartons are an unintuitively good currency object. They're high-density ($/volume or weight), storable, non-perishable, sub-dividable ("packs" in "cartons", I think that's how they're subdivided?). They're easy to count. They come in standard, audited sizes, the trusted-brand manufacturers certifying their weight (?) and stuff. The large population of tobacco addicts guarantees a stable demand, hence a stable value. e.g. https://www.washingtonpost.com/archive/lifestyle/1987/08/29/... (From a 30,000-foot view, it's kind of analogous to cryptocurrency. In a failed state, you don't accept cigarettes as payment because you want to smoke them—but because you know you can exchange them again to someone else, and to someone else, eventually reaching a smoker, who creates the demand sink. Similarly, people accept cryptocurrency units because they know at the end of the commerce chain, there will be drug dealers guaranteeing an intrinsic demand). |
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