Hacker News new | ask | show | jobs
by svaigs 2394 days ago
That is not true for UK where there are different pounds which are printed by different banks. Some of these pounds are NOT LEGAL - you are free to refuse accept them. They are there because people agree to use them.

And no - money has nothing to do with taxes and initially it was based on social agreement. Pacific stone coins weight tonns - some of the ones that are still in use physically do not exist anymore or are inaccessible in the bottom of ocean.

So from that viewpoint these cryptocurrencies all are like early monies - based on agreements and trust.

And ffs - people are weird these days - money is worth only when dealing with other people - taxes(earliest form of robbery) is not and wont be one of the reasons for money to exist. Goverment, that takes care for people and decide what they have to do and think don't need money to run society. Money is needed when independent people/souzerains deal with other people - slaves and children and sick/unsane dependant people and pet animals do not need money as they have no voice in these matters