I love this.
I love this.
Many of you viewing this are probably wondering what the advantages are to investing in this exciting new currency. This thread will be here to answer any questions users have about mugbacks, but here are the basics to get us started.
What are mugbacks?
Mugbacks are an innovative new currency backed by the value of poal mugs. Currently, the 1st bank of mug values the mugback at approximately the value of one mug, though it's possible we could value the mugback more favorably in the future.
Why would I use mugbacks when I could just have physical mugs?
There are many reasons.
- Durability: mugs can break or be stolen while a mugback's value is stored electronically, making it infinitely more durable than an ordinary ceramic vessel.
- Divisibility: mugbacks can be traded in incremental amounts, for example .5 mugbacks, 1.1 mugbacks, or .000000001 mugbacks, whereas normal mugs can only be traded in whole units. Try splitting up a regular mug and you'll find the result is a complete loss in value.
- Anonymity: mugback trades are 100% anonymous, and can be used to purchase illegal tender or shield your mug worth from tax-collecting entities.
- It's 2019: Don't you want to be an early adopter?
Why do most experts say mugbacks are the smart choice for the long term even though mugs and mugbacks are supposedly equal in value?
Mugback valuation is a complicated matter, but the reason most experts say this is because they know what they're talking about. If they were wrong why would there be an absolute consensus on the matter?
Many of you viewing this are probably wondering what the advantages are to investing in this exciting new currency. This thread will be here to answer any questions users have about mugbacks, but here are the basics to get us started.
**What are mugbacks?**
Mugbacks are an innovative new currency backed by the value of poal mugs. Currently, the 1st bank of mug values the mugback at approximately the value of one mug, though it's possible we could value the mugback more favorably in the future.
**Why would I use mugbacks when I could just have physical mugs?**
There are many reasons.
- Durability: mugs can break or be stolen while a mugback's value is stored electronically, making it infinitely more durable than an ordinary ceramic vessel.
- Divisibility: mugbacks can be traded in incremental amounts, for example .5 mugbacks, 1.1 mugbacks, or .000000001 mugbacks, whereas normal mugs can only be traded in whole units. Try splitting up a regular mug and you'll find the result is a complete loss in value.
- Anonymity: mugback trades are 100% anonymous, and can be used to purchase illegal tender or shield your mug worth from tax-collecting entities.
- It's 2019: Don't you want to be an early adopter?
Why do most experts say mugbacks are the smart choice for the long term even though mugs and mugbacks are supposedly equal in value?
Mugback valuation is a complicated matter, but the reason most experts say this is because they know what they're talking about. If they were wrong why would there be an absolute consensus on the matter?
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