In addition to some underlying currencies, Fallout 76 also has particular Currency such as bottle caps, which is also an old tradition of the radiation series.The Fo76 bottle cap is mainly to buy various design drawings of merchants, to buy the variant serum of Enclave (graduation requires a large Measuring bottle cap), buy Legendary equipment that other players don't need. Trading fees as low as 0.02%. KuCoin Futures-Get Max $100 Bonus for Newbies KuCoin Futures is offering a $100 gift to all newbies! Try 100x leverage with $100 to unlock your fortune with a $10,000 position! Crypto.com App - Earn 6.5% p.a. On BTC Earn up to 6.5% p.a. On Bitcoin (BTC) and up to 12% p.a.

Bottlecaps!

Bottlecaps, are they as good as any other form of currency? Does it even matter if the currency is considered intrinsically valuable, or is it enough that people think that their bottlecaps are worth food and services?

W.I. Thomas and D.S. Thomas, two famous yet equally dead sociologists, said “If men define situations as real, they are real in their consequences¹”
The designer of Bitcoin, Satoshi Nakamoto², seems to think the same thing when he says “[Bitcoin is] very attractive to the libertarian viewpoint if we can explain it properly. I’m better with code than with words though.”

Wait. That’s actually a horrible quote, let’s try Peter Šurda instead. He says “According to my opinion, the rational expectations of the potential utility of Bitcoin for the potential buyers exceeded the price demanded by the producers, and trade emerged”.³ Put another way, when the people making Bitcoin started selling Bitcoin and people started buying Bitcoin because they saw value, Bitcoin became a tradable commodity. That’s it, no magic, no eureka moment where someone shouted “I’ve struck gold!” Just people trading something until it became ubiquitous enough to be equally valuable to any other given person. Suddenly my Bottlecap collection doesn’t sound so dumb, huh?

What is a bottlecap by any other name?

So now us bottlecappers are freak’n rich, right? But wait, it’s not quite as easy as that! See, someone has to actually think the bottlecaps are valuable in order for them to be traded for in the first place. Sure, you could hoodwink some people into thinking Bottlecaps were a legitimate currency, but once someone finds out what you are up to, you’ll be the literal toast of the town. Implication being that they’d burn you alive in front of city hall.

See, this is what is known as the subjective theory of value⁴ which means that a good is only as valuable as what any given person thinks the good is worth. So, a bottlecap can be a real currency if people really believe in it. But the core value of a currency is that everyone else believe the bottlecap is valuable too. This is where the Regression Theorem comes in.

The Regression Theorem⁵ is basically a long winded theory by an even longer winded libertarian known as Ludwig von Mises that says currency can all be traced back to a point in time where the currency was considered valuable without being an actual usable resource, IE gold. Overtime, the currency takes on a position of value based on its representation of other goods and services that have been traded for the currency in the past. So, if we want our bottlecaps to be worth a darn, we need to make bottlecaps valuable without melting it down to make cans for tuna.

… What if we used the bottlecaps to represent something else which is not as easy to transport or handle, like a lot of water? Hmmm… That could work, at least until the water was used up and the bottlecaps became worthless, right? Wrong.Old Mises actually had a pretty good idea with his theory because people will keep using a system of currency even after the value of an item is lost or made unusable.

Spaghetti Monster Money

Money doesn’t even need to be real or valuable for people to think it’s worth something. There were these huge stones called Rai stones⁶, which some tribes started using as currency. The stones were too big to carry and no one wanted to cut them up, so people just owned percentages of the stones. The crazy thing is, when the stones sank into the ocean, everyone just said “The stones are still there, so I still own two portions of the Rai stone at the bottom of the sea.” So, while a currency needs to be valuable in the beginning, it can lose that quality later on and still be used as a currency.

So there you have it, if you want to make bottlecaps a currency all you need to do is stockpile something valuable enough that people want it and then you can start passing out the bottlecaps as tokens for your commodity and then finally your hoarding obsession will be validated! All it took was a worldwide apocalypse to destabilize all other economic systems enough for your rusted caps to seem like a good idea. Well worth it if you ask me!

What would your ideal currency be? Post in the comments below to tip us off on what we should start collecting for future profits!

I’ve lived in my apartment for 10 years, but soon I’ll be moving. As I’ve been clearing out my storage, I’m finding a lot of old stuff and trying to remember how I came into possession of it. When I came across my pasta bowl filled with wine corks, fuzzy memories started to materialize, and I thought, “oh, yeah, that’s how.”

I remember having big plans for my wine corks. I was going to do something crafty and green, and make all my friends swoon over my shabby-chic cork creation. The problem is, I’ve never been a ‘crafty’ person, so I never came up with an idea for the corks, and I’m not sure why I’ve been adding to the collection all these years.

Now, I’m faced with a reality check.

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My next apartment is going to be smaller, and let’s be honest: it’s ridiculous to keep a bunch of wine corks. So I decided to let them go. It felt like defeat – all that wasted time and space spent hoarding the corks. Unless, that is, I could find someone else who has a purpose for them.

Enter eBay.

I happen to be an experienced and trusted eBay seller with only excellent customer reviews (don’t mind me, I’m just brushing the dirt off my shoulders). So now, I’m selling my collection. If you’re in a similar boat, here’s how you can, too.

1. Separate the real from the fake.

You can sell both natural and synthetic corks, but don’t sell mixtures of them. Trust me – there will be markets for both of them. Also, another tip is to ditch the champagne corks. For some reason, they’re not a huge eBay hit.

2. Be specific without going crazy.

Specifics always make a listing better, but if you have a variety of corks from different wineries, you don’t have to list the names of all of them. However, if all of your corks are from the same winery or you have duplicates, definitely include that information. A buyer might need just what you have – whether it’s corks from that specific winery or the uniformity of 100 corks.

3. The going rate is about 10 cents per cork.

Collecting Bottle Caps For Money

You can try to charge more if you have some type of rare cork you think is worth it, but if you just want to move your merchandise, price accordingly.

4. First Class Mail should be sufficient.

When I sell on eBay, I offer the cheapest shipping option available – usually First Class Mail, which has a weight limit of 13 ounces. This shouldn’t be a problem when shipping corks, unless it’s a large quantity. With First Class, you have to pay for tracking separately and it’s definitely worth the extra dollar.

On that note, you can also sell your old (empty, of course) wine bottles if you have them lying around. My empty wine bottles usually go in the recycling bin shortly after they meet their end, but if you have the space to keep the bottles until they sell, here are some tips for listing those:

1. Keep the boxes.

Collecting Bottle Caps

If the wine made it safely to your home in a box, then the bottles will be able to ship in the same box. If they didn’t come home with you in a box, you can pop into your local wine store and ask for one.

2. Clean out your wine bottles.

You don’t have to clean the corks, but you do have to clean bottles before selling them. You don’t have to peel the labels off, though. People using the bottles for crafting might like the labels. On the flipside, people using them to bottle their own wine might want to put their own labels on them. How much work you do is really up to you.

What Are Bottlecaps To Real Money Worth