JimVanDeventer@lemmy.world to Today I Learned@lemmy.worldEnglish · 10 months agoTIL Ecuador doesn't have its own currency and uses US dollars, but maybe not the same US dollars you are used to seeing.lemmy.worldimagemessage-square154fedilinkarrow-up1385arrow-down18
arrow-up1377arrow-down1imageTIL Ecuador doesn't have its own currency and uses US dollars, but maybe not the same US dollars you are used to seeing.lemmy.worldJimVanDeventer@lemmy.world to Today I Learned@lemmy.worldEnglish · 10 months agomessage-square154fedilink
minus-squaredarklamer@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up9arrow-down1·10 months agoAt today’s gold prices, 800 US dollars is just one single small gold coin. A classic 1 oz Krugerrand coin is currently worth more than 2,000 US dollars.
minus-squareBlue_Morpho@lemmy.worldlinkfedilinkEnglisharrow-up14arrow-down1·10 months agoHe was referring to using the sack of dollar coins as if they were gold doubloons, not actual gold coins.
At today’s gold prices, 800 US dollars is just one single small gold coin. A classic 1 oz Krugerrand coin is currently worth more than 2,000 US dollars.
He was referring to using the sack of dollar coins as if they were gold doubloons, not actual gold coins.