2 ms·
You're begging the question.* Both cases rely on the network effects of the currency. I am not convinced that a government-backed piece of paper will still have
by sowbug 4y ago
You're begging the question.* Both cases rely on the network effects of the currency. I am not convinced that a government-backed piece of paper will still have value when "the current financial system stopped working." That financial system is part and parcel of the government.
*https://begthequestion.info/ https://begthequestion.info/