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<p>[QUOTE=&quot;Ken Dorney, post: 2487796, member: 76086&quot;]I had meant to comment on this when it first came up, but alas, there is other life for me outside coins (I know, hard to believe, but I can multi-task.&nbsp; Watching the Olympics now and writing this, also conversing with the kids, cooking dinner, etc.).</p><p><br /></p><p>I think the debasement of coins likely was no different from the modern.&nbsp; The government simply makes the change, none of us can don anything about it.&nbsp; Before, coins were near pure silver, then gradually debased until they were just washed with silver.&nbsp; At that point (as already pointed out) they were fiat.&nbsp; And what difference did it make?&nbsp; None.&nbsp; As long as people were still willing to exchange these coins for goods and services it all worked just fine (as did with modern monies).&nbsp; At this distance in time, as [USER=51347]@Alegandron[/USER] pointed out, money is just a concept, just bits and bytes and nearly completely electronic.&nbsp; So many of us just use Paypal for may transactions, which is entirely digital.&nbsp; As long as we all decide it is OK, well, it is just that.&nbsp; OK.[/QUOTE]</p><p><br /></p>

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