Diamonds

US$Diamonds are the universally accepted currency in The World. The dawn of diamonds as a currency took place in Anikdotia during the first term of office. Even places that have their own currency, such as Sea City and Beepo have options to exchange diamonds for the resident currency. The diamond standard is the worth in diamonds that every other currency is compared to.

Introduction in Anikdotia
The diamonds were introduced as a currency in Anikdotia as soon as the first businesses opened in the earliest days. Both Benjamin von Holmberg's BvH Global Industries and Fabian Thalin's Fabian Technologies asked for diamonds in exchange for their services and goods. The underlying reasoning for this was most likely that diamonds were a rare and useful material at the time. As no one saw a reason to stop using diamonds when good gear became more and more common the currency was standardized.

Introduction in Sea City
When Benjamin von Holmberg founded Sea City he was the richest man in diamonds and as such he saw no reason to change the currency in his new city. As such Sea City and its companies operated with diamonds.

Replaced by gold coins
As one of the conditions for King Benjamin the first's abdication, a switch in currency from diamonds to gold coins were listed. The new Autocratic Mayor of Anikdotia Petrus Christensson made the switch as soon as he got in power, i.e. during the start of the third term of office in Anikdotia. The gold coin was calculated in such a way that one potato would be worth 8 gold coins. This means that the gold coin would be worth from 0.125 to 0.0625 diamonds.

Back to diamonds
During the third term of office, a problem arose for the Anikdotia State, namely that Benjamin von Holmberg had so many gold coins that the currency had been hit by extreme hyperinflation - despite its low base value. The most recent income documentation of the era showed that von Holomberg owned at least 7000 gold coins, rendering the currency useless. In a desperate attempt to restabilize the economy, Christensson removed the state's backing of the gold coin as a currency and reintroduced the diamond. Benjamin von Holmberg famously described the event as:

Replaced by Sea City Coins
A few days before the Political Revolution of Sea City the Establishment of the Sea City State Bank took place in Sea City. During the event, Sea City switched currency from diamonds to Sea City Coins. The Sea City State sent a package containing 64 Sea City Coins to every major nation in the world in combination with an announcement of the change in currency. The Sea City State Bank offered an exchange service where one could trade their diamonds for Sea City Coins. The value of a Sea City Coin is the same as the value of a diamond.