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National currencies must also be exchanged for other currency when you want to spend in some other currency regime. I can't spend my SEK elsewhere without excha
by mbrock 10y ago
National currencies must also be exchanged for other currency when you want to spend in some other currency regime. I can't spend my SEK elsewhere without exchanging, just like with BTC and ETH.
Even so, an asset can be valuable even if it's not used as daily currency. You can't buy a Coke with gold.