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That's true. Fiat money is a good example. But in this case, losers have incentive to claim the system doesn't work. You want the average person to be able to r
by nathan_long 7y ago
That's true. Fiat money is a good example. But in this case, losers have incentive to claim the system doesn't work. You want the average person to be able to refute that claim, or else suspicion will run rampant.