4 ms·
A couple hundred million people are required to pay taxes using it. That implies that there is some inelastic demand for dollars. That factor alone obviously
by bodyfour 12y ago
A couple hundred million people are required to pay taxes using it. That implies that there is some inelastic demand for dollars.
That factor alone obviously doesn't prevent every currency collapse, but it is a key difference between "government fiat" and "geek fiat" currencies.