5 ms·

> All money is debt. This is true for currently popular monies, but is not inherently true. Is a gold coin a debt instrument?

• Eddy_Viscosity2 7mo ago
  > Is a gold coin a debt instrument? It is if you lend or borrow it or use it as collateral.
  • OutOfHere 7mo ago
    So no, not all gold coins are debt.
    • Eddy_Viscosity2 7mo ago
      Or yes, some gold coins are debt.
      • M95D 7mo ago
        Forbid the "yes", keep the "no".