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That's the problem with all currencies, even precious metals: they depend on the acceptance of people, on belief that they have some sort of value, when in fact
by Annatar 10y ago
That's the problem with all currencies, even precious metals: they depend on the acceptance of people, on belief that they have some sort of value, when in fact they're just a fantasy. It's not real! If an epic catastrophe hit tomorrow, and one had Gold bars, they'd be utterly worthless: nobody would willingly trade their food and uncontaminated water reserves for currency (and if they did, they'd soon die of hunger or thirst); you can't eat or drink Gold, nor can you eat or drink money.