It didn’t matter if a blacksmith “forged” a coin because the coins were worth th... | Hacker News

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		dcow on Oct 4, 2023 \| parent \| context \| favorite \| on: D.C.'s ban on cashless businesses takes effect It didn’t matter if a blacksmith “forged” a coin because the coins were worth their weight in the material used to make them.

tuukkah on Oct 4, 2023 [–]

Forging a coin (profitably) entails using material which is cheaper than the nominal value of the coin.

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