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USD doesn't have sound reasoning behind them either (anymore). It's based on faith in the system.
by NaturalPhallacy 6y ago
USD doesn't have sound reasoning behind them either (anymore). It's based on faith in the system.
- randomopining 6y agoI mean realistically it's how you pay taxes to the US Government which represents the United States, probably the most innovative and industrial nation ever to exist. If you want to operate with/within the US, you pay the dollar. That's fairly "sound" reasoning. Btw im invested heavily in crypto but just saying.
- mmmmmbop 6y agoIt is backed by the U.S. Army.