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by BjoernKW
973 days ago
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> economic value comes from government dictate Quite to the contrary. Economic value originates from the benefit a product or service provides, nothing else. Currency (particularly if of the fiat money variety) on the other hand, has no inherent value: You can't eat it, you can't use it to build something. Its value depends entirely on the trust people have in the issuing authority. |
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