SolidGrue@lemmy.world to Showerthoughts@lemmy.worldEnglish · 12 days agoMoney. Why does THAT work?message-squaremessage-square13fedilinkarrow-up124arrow-down17file-text
arrow-up117arrow-down1message-squareMoney. Why does THAT work?SolidGrue@lemmy.world to Showerthoughts@lemmy.worldEnglish · 12 days agomessage-square13fedilinkfile-text
What even IS “currency,” when you get right down to it? Don’t tell me about the little green papers. Not when there’s AMEX.
minus-squaretermaxima@slrpnk.netlinkfedilinkarrow-up1·edit-210 days agoMoney has value because everyone believes it does. (Which also applies to cryptocurrency, despite what some of its promoters seem to believe) Which is the same as any other thing that has value, really ; food only has value because you believe staying alive has value.
Money has value because everyone believes it does.
(Which also applies to cryptocurrency, despite what some of its promoters seem to believe)
Which is the same as any other thing that has value, really ; food only has value because you believe staying alive has value.