• heraplem@leminal.space
    link
    fedilink
    English
    arrow-up
    1
    ·
    edit-2
    18 hours ago

    Fiat isn’t “silly” insofar as there’s an underlying reason why fiat has value. The US dollar is valuable because the US government only accepts tax payments in USD. As long as the US government demands tax payments and has the ability to make good on those demands, US dollars will have value.