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This is also part of the "artificial" value of the dollar in the sense that it requires enforcement by the US gov and banking systems to remain useful. In-game
by janto 5y ago
This is also part of the "artificial" value of the dollar in the sense that it requires enforcement by the US gov and banking systems to remain useful. In-game currency is also useful, but that does not give it inherent value, in any meaningful sense of the word.
- HWR_14 5y agoI mean, sure. But if we're only saying things are valuable because the US government enforces it, that's a strange bar. So movies and tv shows aren't valuable?
- janto 5y agoMy issue was with the original comment's ambiguous use of artificial, not really value. He was drawing a connection between crypto as "artificially scarce" and an "artificial bubble". I agree that people can value movies and tv shows, which in some sense therefore actually has more inherent value than the dollar.