4 ms·
You seem to be have a very fundamental misunderstanding here that "no intrinsic value" is the same thing as "worthless". You are misusing very basic economics
by CydeWeys 6y ago
You seem to be have a very fundamental misunderstanding here that "no intrinsic value" is the same thing as "worthless". You are misusing very basic economics terms. Currencies that aren't literally made out of precious metals are the textbook example used in economics texts to introduce the idea of things that lack intrinsic value.