The Price of Pi — 4 Reasons Pi Could Be Worth A Lot Of Money

Four hands held up in a row, each holding some US dollar notes.
Source: Wikipedia
A bank note that reads “THE JAPANESE GOVERNMENT” on one line and “FIVE CENTAVOS” on the line below.
An example of fiat money printed by Japan shortly after WWII (Source: Wikipedia)

This kingdom has fertile land and is protected from invaders because of the king’s wise policies. Thus many farmers flock there to enjoy its bounty. However, in return for the use of the land, the king demands a yearly payment that can only be made using pieces of paper with the king’s face stamped on them. The paper is worthless by itself, but because the chance to farm in this kingdom has value and you can’t farm there without some of those papers, the papers gain value. People are willing to trade goods in exchange for these papers because [then they can] take a share of those fertile lands for a year. Indeed they now use the papers among themselves as a unit of value and even ask for it from outsiders — Those who wish to buy goods from those in the fertile kingdom now must obtain the paper its citizens value, which only makes the paper more valuable.

A fairytale-like mediaeval castle in idylic coutryside suroundings.
Source: Pixabay
A meadow of blue flowers. The flower in the foreground has bees clambering on it.
Bees are incredibly important to the world’s ecosystem (Source: UKNEA)
Very confused… (Source: Brian Moore Flickr)



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