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> - currencies (wheter fiat or crypto) have no value. You can't do anything with them You can pay taxes to stay out of jail with fiat, which seems desirable.
by wayeq 4y ago
> - currencies (wheter fiat or crypto) have no value. You can't do anything with them
You can pay taxes to stay out of jail with fiat, which seems desirable.
- jbverschoor 4y agoDon’t need to pay taxes if you don’t earn or own anything
- epolanski 4y agoThe example you've chosen reiterates that currencies have a price (letting you out), not a value. If you had only Deutsche Marks to pay would that help you avoid prison? No. Because they have no value, same as USD, on top of that, they have no price either because there's no demand for Deutsche Marks.
- anonkogudhyfhhf 4y agoWe should get rid of them since they have no value. Personally I like them because they facilitate trade and finance on a global, immense scale and allow for decentralised price discovery and information distribution. But then does trade and finance have value? ..wait maybe money networks do have value
- danmaz74 4y agoFood allows me to stay alive -> it has value for me Legal tender of the country I live in allows me to pay taxes and stay out of jail -> it has value for me
- ivanche 4y agoPlease send me all Deutsche Marks you have. I will then go to the Deutsche Bank and exchange them for Euros :)