Isn’t fist currency based on taxation and the value represented by the tax?

We have communal effort, we tax the community to pay for that effort to pay the workers, and the value created by that labor is thus the value of the currency.

The work makes debt, we tax to pay down that debt. The currency represents the movement of the value between parties.

So long as movement is sustained we have value that backs the currency.

Thus so long as we have community we have value.