ViewsBusiness by Cartoon Movement-US for September 10, 2021

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    Concretionist  over 2 years ago

    It’s true that money is mostly a shared story that we all agree to believe. But it’s LESS true that Bitcoin is a useful basis for that story. So is gold, which used to be the main basis, but failed when ti became more valuable for electronics while also being less available than all the world’s money needed. “Full faith and credit” is what the USA uses, and so far it’s worked pretty well… but we’re an awful big player. Doesn’t work quite that well for places like, well, El Salvidor.

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    Bendarling1  over 2 years ago

    The only value the dollar has is our ability to pay taxes. ,but if those making the most don’t pay, and worse, collect those taxes what are the consequences going to be? How free and for what?

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