Just speaking my personal opinion- it's still a a waste, but at least the money ... | Hacker News

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Baeocystin on Feb 4, 2023 | parent | context | favorite | on: The KLF: Chaos, magic and the band who burned £1M

Just speaking my personal opinion- it's still a a waste, but at least the money would have been put back in to circulation. Better than burning it, at least.

wpietri on Feb 5, 2023 [–]

Burning money does not destroy value. If the money supply decreases, the remaining money ends up being worth proportionally more.

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