Hacker News new | ask | show | jobs
by lern_too_spel 403 days ago
> you're putting an awful lot of trust in that centralized authority.

No, I'm putting my trust in the rule of law.

> The dollar is now backed by aircraft carriers, jets, and military might.

It is mainly backed by trust in government monetary policy. Otherwise, what is the GBP backed by? The Royal Navy isn't what it used to be.