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Invent your own currency

19 November 2008 Be the first to comment

Elton Cane

Digital product delivery

News Corp Australia

What do you do when the bills are piling up, but you're a bit short of the government sanctioned fiat currency?

Well you could try paying your bills in a more creative manner - as a man in Australia recently attempted. The email trail is what really makes this story.

Who knows, if enough people believed drawings of spiders to be of value, we might have the basis for a new Bretton Woods...

This content has been created by the Finextra editorial team with inputs from subject matter experts at the funding sponsor.

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Elton Cane Digital product delivery at News Corp Australia

Author 19 November 2008

INFLATIONARY UPDATE

If only I'd invested in spider drawings instead of shares. It seems that the drawing, originally valued at A$233.95 has been sold on e-bay for US$10,000

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Elton Cane

Digital product delivery

News Corp Australia

Member since

16 Feb 2007

Location

Brisbane

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