[davidwritesbugs]

His point is that fiat currencies are issued by, and backed by, the state and the that trust is, ultimately, based on its enforcement capacity - the police/courts/US army rather than convertibility with gold or other hard asserts.

[theGnuMe]

I think it’s about peace and trust more than anything. It’s not about war and aggression.

[newjersey]

Peace and trust are backed in part by an implicit ability to wage/counter war and aggression.

[andykx]

> an implicit ability to wage/counter war and aggression.

In other words, money.