Comment on What even is money at this point
DudenessBoy@sh.itjust.works 2 days ago
Money is just pieces of paper and digital numbers. It’s only worth anything because we say it is.
Comment on What even is money at this point
DudenessBoy@sh.itjust.works 2 days ago
Money is just pieces of paper and digital numbers. It’s only worth anything because we say it is.
gandalf_der_12te@discuss.tchncs.de 2 days ago
it’s worth noting that the usdollar is worth something because the military says it is. if you don’t pay your taxes in dollar, you go to prison where you get anally raped.
however, the military gets its strength through the legitimation by the people (democracy), so in the end, yes, the will of the people causes the political will, which causes military strength, which causes the value of the dollar. it’s a longer chain.