Right, but it's not worth $1 until we actually engage in that transaction. Right now it's sitting in my pessimizer account worth exactly $0. I have no guarantee

Right, but it's not worth $1 until we actually engage in that transaction. Right now it's sitting in my pessimizer account worth exactly $0. I have no guarantee that you're going to pay me $1 for it until we actually engage in that exchange. I suppose that's kind of an epistemic question. But to me, since how much someone buys something for is the central determinant of its price, it's not worth that price until someone buys it for it. So, perhaps it isn't even $0. The price of my AqueousCoin is (undefined)