This makes sense in terms of a currency backed by the gold standard, but since that doesn't really exist anymore is it still relevant?

True, I suppose it's not viable in the event that a country owes money to an individual. But against countries or banks? I'm not so sure

Couldn't the argument be made that a ridiculous amount of debt also reduces faith in the currency?

Fascinating! I thought this idea was purely hypothetical Do we know what happened to them? I assume they are laying in some bank?

When you say remove currency, do you mean in coins or across all facets like digital?

I hadn't considered international currencies. Perhaps you could mint your own country's currency according to the exchange rate?

I will say you've got me regarding the economy. I suppose I was thinking of debt as a human being, that if we are all in debt, then we all have negative money. Therefore, once the coin had been sent to the central bank, it would just kinda.... exist or something xP

Thank you! I'm imagining the economic nightmare of trying to pay for your weekly shop, and all you have is a 1 billion dollar coin xP Man, I thought my billion dollar coin idea was ludicrous, but according to your link, I should have been thinking in the trillions xP

In this case I assume it would be Reddit themselves who declare your comment was worth a million

Surely, if it's a country decision lt's gone through a treasury, then at the very least, the people in charge of the currency that this country uses have declared it to be worth a billion?