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At which point, why would I want "fake" money that I could only spend in one place rather than real dollars? (That said, this does happen at a small scale with things like peer reward points and so forth but that's a fairly straightforward point->dollar exchange through things like gift cards.)



>At which point, why would I want "fake" money that I could only spend in one place rather than real dollars?

You might want it because the company paying you "fake" money gives you more than the competitor that gives you legal tender. The company might also give you access to discounted goods/services, which makes each dollar of the "fake" money more valuable. There's another comment that goes to this in more detail: https://news.ycombinator.com/item?id=27948860




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