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The fair value is based on the usefulness as a currency, which means other people accepting it. If it is withdrawn so much that the price is so low and there ar
by hndamien 9y ago
The fair value is based on the usefulness as a currency, which means other people accepting it. If it is withdrawn so much that the price is so low and there are so few believers left, then this is in fact the fair price, and equal to its utility as money.