A week ago I posted this on my facebook page:
There’s a fun new addition to my website. I now accept Bitcoin (BTC) and Ethereum (ETH) for art purchases. Most of my new work costs about 0.055 BTC or 0.95 ETH.
The comments were entirely sarcastic, “What about Monopoly money?”
My response, “I’ll have to check the exchange rate.”
Which made me ask, could I reasonable accept Monopoly money? Here was my response:
OK, so i checked it out. Monopoly retails for roughly $25, and each set comes with 15,140 MM (Monopoly Money), so each 1 MM is worth about 0.00165 USD. My new work would cost about 605,600 MM or 40 full banks of Monopoly Money. Logistically this is too burdensome, so at this time I can not accept Monopoly Money, and have no plans to do so in the future.