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by pmiller2 2600 days ago
Not true. The pound sterling has been in continuous use since around 800 CE.
2 comments

That's a ship-of-Theseus fallacy.

The pound sterling of 2019 is more related to the American dollar of 2019 than it is to the pound sterling of even WWII, nonetheless 800CE.

Not really. It’s just a matter of changing times and prices. Pounds and pennies have been a thing for 1200 years. What they buy has changed dramatically.
And additionally the American dollar is not the same as it was pre bretton woods, or pre federal reserve, etc.
The ship of Theseus isn't a fallacy, it's a thought experiment.
And lost 99% of its value!