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Generically, perhaps. But specific money like the USD has value backed up at the point of a gun.
by rootusrootus 4y ago
Generically, perhaps. But specific money like the USD has value backed up at the point of a gun.
- hacknat 4y agoThat is not the only thing that has backed the value of money in the history of humanity. It (violence) is arguably the most inferior social mechanism for enforcing value that has been tried.