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You can just buy some on eBay. I once made a wager (which I lost) with a friend for "a million dollars" as a joke, but then found that you can just buy trillio
by Evgeniuz 11y ago
You can just buy some on eBay.
I once made a wager (which I lost) with a friend for "a million dollars" as a joke, but then found that you can just buy trillions (at the time) of zimbabwean dollars easily, so I bought some and delivered :) Funnily, they sell it on eBay at a price higher than their exchange rate (and that's excluding shipping).
- nostrademons 11y agoDoesn't that allow an arbitrage situation, where you can buy Zimbabwe dollars through official channels and then sell them on E-bay for more than they cost you? Or maybe the "official" exchange rate is depressed through shortages and risk in completing the transaction.
- Evgeniuz 11y agoI think supply/demand may get in the way: not that many people need zimbabwean dollars, just some collectors and those who seek them for novelty value. Market will become saturated pretty quickly.
- yincrash 11y agoThere are also websites that try and pump up the currencies as get rich schemes.[1] [1]http://www.reddit.com/r/personalfinance/comments/2gzafs/spouse_is_purchasing_iraqi_dinar_vietnamese_dong/ http://www.reddit.com/r/personalfinance/comments/2gzafs/spou...
- knocte 11y ago>Funnily, they sell it on eBay at a price higher than their exchange rate Doing the opposite of that would mean a man delivering letters with money in them with nothing in return. Sounds too philanthropic, especially when we're talking about money here.
- Evgeniuz 11y agoI haven't thought about it this way, this actually makes sense. Insane margins threw me off.