Currencies of OBW

## The Diamond Standard

As players start new servers of OBW, simple, straightforward currencies and denominations of valuables are used to initiate trade and goods exchanges between players. In most cases, players use the Diamond Standard, which utilizes diamonds as currency. Occasionally, for less valuable goods, players would use other metals (like iron or gold) as a sort of denomination of the diamond. Having physical diamonds for players without ender chest access, or were subject to raids, griefing or thievery prompted the need for federal reserves to manage, secure, and hold valuables for players.

### Downsides of the Diamond Standard

As servers age, the population generally gets wealthier. As more and more diamonds get mined out of an infinite world, players keep hoarding diamonds. This caused inflation and made it unfair for players who play less, or have just joined to pay relatively expensive prices for simple goods. In the case of OBW 1, TipsyKermit hosted a diamond duplication stash at Black Ridge, essentially controlling the economy and inflating when needed. Therefore, to combat inflation, Elijah920 has usually attempted to introduce a new currency allowing players to convert their diamonds to the new currency at a flat rate temporarily to jump start the new economy. This has introduced multiple different currencies in all OBWs.

## OBW 1 - The Emerald Standard

In OBW 1, without the hassle of installing a new mod, players adopted the Emerald Standard, exchanging over-inflated diamonds with emeralds. To protect the currency, exploitation of villagers to obtain more emeralds was deemed illegal. Birch Ridge being located in an extreme hills biome, players were encouraged to return to the mines and attempt to mine more emeralds and gain wealth. In OBW 1, there was no exchange for diamonds to emeralds and players had to obtain wealth all over again. However, previous denominations of diamonds continued to be present for low value goods. Before the Emerald Standard, however, Elijah920 did attempt to get players to utilize a currency mod. However, with no explanation on how to obtain this money, players rejected the idea and the currency was almost made entirely worthless when Elijah920 started dumping money on the ground for players to pick up. The currency did serve a purpose at vending machines dotted around Birch ridge. These vending machines, while usually stocked with whatever junk Elijah920 has on hand, they occasionally had rare items, and near OP items, like bedrock.

## OBW 4 - The Elibuck

Similarly to OBW 1, with the over inflation of the diamond, Elijah920 announced a referendum to create a new currency. However, in OBW 4, the government was in no good financial shape and needed a source of income. The government announce land purchasing plans to generate a source of income, and players were told to start exchanging their diamonds to the new currency, the Elibuck. The Elibuck were the various gems generated by the Biomes O' Plenty mod, and were relatively rarer to find than diamonds, served no purpose in game, and could also be mined similarly. A set exchange rate for diamonds to Elibucks was set and the new currency was used to make purchases. While the land purchasing was resisted by players initially, after reasonable price negotiations were set, players accepted the idea.

## OBW 5 - The Lidollar

During the space race under the three space corporations, Andromeda, ASSA, and SpaceseX, it was realized that once reaching the asteroids dimension, there was a chance an asteroid could be generated with a core of entire diamond. While players at first denounced the idea of a new currency introduction, and continued to uphold the Diamond Standard, negotiations and bill writing was set forth to make the new currency. A city council meeting was held, and players voted to install a new mod introducing the new currency. The name was decided upon as the Lidollar, which combined the name Lidels, and the dollar. Lidels being a well respected member of the OBW Discord and old friend despite not playing on the server. Upon adoption, players could, for one time, convert upward to 1000 diamonds in a 1:1 conversion. The new currency also solved earlier issues with a currency mod being introduced in OBW 1 where players were giving a universal basic income of L$20 every 3 days, as long as players did not break laws. Some players received an additional bonus on top of the L$1000 they already received as compensation. All currency was available to be obtained, converted, and secured inside the Silver Valley Federal Reserve. Players could earn additional income for working at government held businesses or organizations, like being a FIPF officer.