> Yeah, but in the case of an economy, you create the value first In any transaction the value can only be determined if the buyer thinks the product or servic

> Yeah, but in the case of an economy, you create the value first In any transaction the value can only be determined if the buyer thinks the product or service is valuable enough to pay for. Which is why products and companies fail all the time. > You do not start a country and say, here is $1 trillion. This hasn't been done in a while. But, it has been done before with a few variations. It's never pretty. Usually leads to hyperinflation. It's definitely way beyond the scope of this discussion. Though for a primer you could read up on the history of the Deutsche Mark. > With Bitcoin, you create $1 trillion, then you say "Go buy things from other countries with it." Actually that is excessively exaggerated scenario. At their peak $14.5 billion. In my opinion they were way above their market cap even then. I'd elaborate but that too is out of scope for this conversation. What I can say is $14.5 billion was the speculated value, which is a different beast within itself. Also, I think there are some gaps in your understanding of concepts such as crypto-currencies, proof-of-work and proof-of-stake.