> What do you think happens to fiat money when people stop believing it has value? That's precisely the source of your misconception regarding the intrinsic va

> What do you think happens to fiat money when people stop believing it has value? That's precisely the source of your misconception regarding the intrinsic value of fiat currency. Fiat currency always has value as they are the basic unit used by the state to determine how much taxes you owe them, which is linked to a percentage of everyone's gross income.