On July 14, 2005, a Canadian blogger by the name of Kyle McDonald used his blog to trade a single, red paperclip for a fish-shaped pen. The idea was to try and always trade up, inspired by the game “Bigger, Better”. Kyle’s blog started getting attention, and his trade up idea became famous. The pen, however, was not his last trade:
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The moral of this story is that the worth of things is subjective, and a single paperclip can sometimes be as valuable as a house. |
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