3 ms·
Isn't that backwards? If a penny contains more than a penny's worth of copper you can make "infinite" money by exchanging some money for pennies, smelting them
by tmtvl 2y ago
Isn't that backwards? If a penny contains more than a penny's worth of copper you can make "infinite" money by exchanging some money for pennies, smelting them down into copper, selling the copper for more money than you exchanged in the first place, and repeating the process until you're as rich as Bezos.
- jfim 2y agoThe overhead of obtaining a large amount of pennies and smelting them likely makes the whole operation unprofitable, besides being illegal for defacing currency.