3 ms·
>and can't simply press a button or send out an order And the governmental powers-that-be can press a button and prevent citizens from exchanging cash?
by forgetsusername 10y ago
>and can't simply press a button or send out an order
And the governmental powers-that-be can press a button and prevent citizens from exchanging cash?
- jonnycowboy 10y agoYes, easily by devaluing the currency.
- forgetsusername 10y agoGovernmental currency printing has zero effect on the negotiated transaction between two people, and it does precisely nothing on my ability to choose to continue using that currency. That's the underlying freedom; use dollars or blueberry scones if you want. You just need to find a willing counter-party. The anti-fiat crowd should think for a minute on how money actually works in practice.
- carver 10y agoThe US government freezes bank accounts all the time.
- forgetsusername 10y agoBank accounts aren't cash. They're a ledger of your balance with the bank.