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the government backs its currency by having _different rights_ than private companies. E.g. the ability to levy taxes and field an army. We the citizens have gi
by abakker 4y ago
the government backs its currency by having _different rights_ than private companies. E.g. the ability to levy taxes and field an army. We the citizens have given them those rights specifically so that they are the highest authority.
This is why a currency that derives from them is better than a currency that derives from anonymous scammers on the internet.
- SilasX 4y agoDid you mean to reply to the grandparent of my comment, to which that would be responsive? I was asking why the parent of my comment “contributed” with an argument from “that’s a low status belief” rather than a comment more like yours.
- abakker 4y agoyep, but now it's flagged so I can't move it.