Leaguecredit

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Leaguecredit
1 lc.png
ISO 4217
CodeLCN
Number6257
Exponent1
Denominations
PluralLeaguecredits
SymbolHistory l black.png
NicknameCredits, LCN Dollars
Banknotes
 Freq. used1, 5, 10, 20, 50, 100, 500, 1000
Demographics
Date of introductionAugust 9, 2020
User(s)Lcnnsflag.png LCN
Issuance
Central bankConsulate Central Bank
Printer?add-money
Valuation
Inflation360.89% (August 2020)
 SourceCreeperopolis's math
 MethodMath, see Inflation rate of the Leaguecredit

The Leaguecredit is the official currency of The League of Conservative Nations.

The Leaguecredit is valued 1 Leaguecredit per 9.937764e+628 FCN Dollars.

History

The Leaguecredit was adopted by the Consulate of the Republic on August 9, 2020.

Controversies

"Tim" Incident

On August 9, 2020, Terranihil created a purchasable item called "Tim." It resulted in Creeperopolis, Gagium, Legion of Mankind, Terranihil, and Karimun purchasing a total of 42,200,006 "Tim"s, crashing the "Tim" market. The item was soon deleted on orders of Quebecshire.

Later, it was discovered that Terranihil hid 3 "Tim"s which were quickly confiscated.

Calamari alleges that there is a secret underground blackmarket "Tim" market.[citation needed]

It is currently unknown what the name "Tim" was in reference to.

Council Delegate Estate Incident

On August 9, 2020, Gagium purchased 3,002,000 Council Delegate Estates after Quebecshire told the Council Delegates to only buy one. After being warned, Gagium sued the Consulate of the Republic.

Gagium stated on August 10 that "My right to buy millions of council delegate estates was infringed upon."

Gagium Incident

On August 13, 2020, Gagium gambled away History l black.png 50,000 of his own money through gambling on blackjack. He then requested a loan from the Calamarian Financial Assistance Corporation for History l black.png 21,000. He negotiated a deal for History l black.png 21,000 with a 10% upfront interest rate with 5% interest every day. He then proceeded to gamble it all away via blackjack. He then requested another loan for History l black.png 36,000, which was negotiated to a History l black.png 36,000 loan with a 20% upfront interest rate with 10% interest every day. He then proceeded to gamble away the 36,000.

The Consulate Central Bank intervened and returned History l black.png 66,300 to the Calamarian Financial Assistance Corporation, putting Gagium into History l black.png 66,300 of debt. The Consulate then seized his Council Delegate Estate after he attempted to sell it to Creeperopolis for History l black.png 62,000 and after he attempted to sell it to Karimun earlier in the day for History l black.png 17,000 and History l black.png 22,000.[1]

Gagium singlehandedly deflated the currency through his gambling.[2]

Spode Incident

On August 13, 2020, Spode scammed Legion of the MDA for History l black.png 1,800, saying he would double Legion's money. It was ruled as not illegal due to a lack of notarization from the Consulate.

Banknotes

Denomination Front Portrait First series Latest series Circulation
One Leaguecredit 1 lc.png
LCN Eagle
Series 2020 Series 2020 Wide
Five Leaguecredits 5 lc.png
LCN Eagle
Series 2020 Series 2020 Wide
Ten Leaguecredits 10 lc.png
LCN Eagle
Series 2020 Series 2020 Wide
Twenty Leaguecredits 20 lc.png
LCN Eagle
Series 2020 Series 2020 Wide
Fifty Leaguecredits 50 lc.png
LCN Eagle
Series 2020 Series 2020 Wide
One Hundred Leaguecredits 100 lc.png
LCN Eagle
Series 2020 Series 2020 Wide
Five Hundred Leaguecredits 500 lc.png
LCN Eagle
Series 2020 Series 2020 Wide
One Thousand Leaguecredits 1000 lc.png
LCN Eagle
Series 2020 Series 2020 Wide

See Also

References

  1. Hire, Quebec S. (August 13, 2020). "CONSULATE CENTRAL BANK - CONSULATE DEBT ROLE". Consulate of the Republic. NationStates. The League of Conservative Nations: Consulate of the Republic. p. 1. Retrieved August 13, 2020.
  2. Hire, Quebec S. (August 13, 2020). "CONSULATE CENTRAL BANK - GAGIUM DECREASING CURRENCY". Consulate of the Republic. NationStates. The League of Conservative Nations: Consulate of the Republic. p. 1. Retrieved August 13, 2020.