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Fintech Insider Podcast by 11:FS

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TikTok's Imaginary Economy and Rules Explained

The doubloon economy is the latest craze engulfing TikTok. It's a collaborative, loosely structured role-playing game where users collect fictional currency doubloons and exchange it for imaginary items such as soup or weapons. There are even fictional taxes to pay, theft and the impact of inflation. To make the whole thing stranger, the doubloons are typically gifted for free via TikTok videos featuring talking cats.

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