In the past there was a thing called company scrip. It was a big problem. State issued money sure as been a lot better. That said, states do not have a monopol

In the past there was a thing called company scrip. It was a big problem. State issued money sure as been a lot better. That said, states do not have a monopoly on money. Ever heard of Robux? Gift cards? Airline miles? Arcade tokens? Credit card reward points? There are a lot of other moneys in our society even if you ignore bullshit crypto coins. Theoretically these other currencies are pegged to the dollar, but not really. Even gift cards, which have a value expressed in dollars, have a different value. Sometimes the value is increased because they are untrackable dollars that can be used for scams/crime. The value and desirability of goods and services offered by the company that issued the gift card also affect its value. Would you trade a $1000 Apple gift card for a $1000 Applebee’s gift card? Would you buy a $1000 Apple gift card for $1000? Would you buy an Applebee’s gift card for $1000?