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Coupons are not currency. They were trading coupons of 1 hour babysitting to save from spending real currency on hours of babysitting.
by pjzedalis 14y ago
Coupons are not currency. They were trading coupons of 1 hour babysitting to save from spending real currency on hours of babysitting.
- ars 14y agoOf course a coupon is a currency. What do you thing a currency is? It's a store of value.
- trhtrsh 14y agocurrency is a medium of exchange, a token representing a store of value (durable good) elsewhere. Gold coins are a store of value, since the coin itself can be melted down and used as a good (but these days gold has a pile of speculative bubble on top of it)
- pjzedalis 14y agoJust because something has value does not make it a currency. If that coupon ONLY gets you a reduction in price off something then its a discount. Here is another tidbit that makes it not a currency: coupons are intended to not be redeemed more than once. If only one person can ever use it then it fails at its intention of goods exchange. It's not currency.