> (work that cannot be recovered and it lost forever and therefore worthless) That work secures all the transactions that came before it, it's certainly not wo

> (work that cannot be recovered and it lost forever and therefore worthless) That work secures all the transactions that came before it, it's certainly not worthless. > with not even an IOU backing it. That is not backing, it's just a promise that you'll get your faith-based paper back.