this post was submitted on 24 Feb 2025
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Cybersecurity

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[โ€“] [email protected] 5 points 1 month ago (1 children)

But people won't stop accepting the US dollar, because they need it in order to pay their taxes. And even if they absolutely refused to accept it, it would still be worth something. Because if you had it, it could still be used to avoid punishment for failing to pay taxes.

Taxes are what give money value. Because being in prison is tangible.

[โ€“] [email protected] 2 points 1 month ago* (last edited 1 month ago)

That's post-state money, pre-state money existed ~~far~~ way before states even existed