VDZ wrote:springyb wrote:+1 for gold standard
Huh? They're not selling gold (in fact, they're not consistently offering any item in exchange for their gold coins), and the coin costs are above their gold value (e.g.: guano is 15 quills (0.15 gold), while WEB buys it at 50 baycoins, and you can get a gold nugget there for 11 baycoins (i.e. guano is 0.45 gold there)). This is a fiat currency, worth whatever they let you buy with it. It's like claiming the US Dollar uses a cotton/zinc standard.
The difference is that you can smelt 100 gold coins back into a gold bar. That's why it's gold standard, just as dollar being worth X amount of gold (that you could exchange for at the bank during that era). So while yeah, they dictate how much the currency is worth, a 100 coins will always be worth AT LEAST a gold bar. Which in case of shop closing (as was the case with WB market), people can potentially smelt back their coins instead of being stuck with worthless currency or lead bars.