@shortstories @white_male @Tfmonkey @VeganMGTOW The piece of paper isn't the value. it's the promise of value enforced by the state. you're trading in strength of the government (stability, current and future prospects / GDP, threat of imprisonment and ability to enforce said threats, etc.) when you use fiat. This is known. The question of whether or not that OUGHT TO be valid is not the same as whether or not IT IS valid today. You're missing the is/ought distinction IMO.