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hello everyone say you are running a country and need to create a currency how can you create a currency that will work well well first off your currency needs to be generally accepted making your currency out of a material that is generally accepted to have value such as gold or silver is one way to ensure this if you cannot make your currency out of something valuable itself or establish something like the gold standard where you can trade your currency in for something valuable then you have what is called a fiat currency a currency with no intrinsic value but the government guarantees is legal tender many of the major currencies in the world today such as the euro and the u.s. dollar are fiat currencies next your currency needs to be durable and will not decay over time this is why food despite having intrinsic value has not been used for many currencies the US dollar for instance is very durable being made of 75% cotton and 25% linen it can get wet does not tear easily and will n
