Nether Star Backed Securities Are The Ideal Minecraft Currency - YouTube
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Follow along using the transcript. Follow along using the transcript.
Link to PineconeLP's original video, which inspired this thought experiment: https://youtu.be/Qe6iDsNusMk I recently came across this video by Pine Cone LP wherein he asserts that wheat is a better currency than diamonds. Servers such as Hermitcraft use diamonds as currency and diamonds behave no differently than other commodity based currencies such as gold and silver which have been used since ancient Mesopotamia. However, modern economies do not use commoditybacked securities for a variety of reasons. Commodities have intrinsic value. They're useful for things other than just currency. A…
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