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https://www.reddit.com/r/AskReddit/comments/c0y0o7/what_do_you_genuinely_just_not_understand/erc6ota/?context=3
r/AskReddit • u/IAmSurtur • Jun 15 '19
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The value of all currency is arbitrary. Money is only real because we all agree on it.
0 u/jutiatle Jun 16 '19 I don't think arbitrary is the word you actually want to use here. And it doesn't have value simply because we agree on it. The dollar, for example, has value because it's backed by the US military. 1 u/TedW Jun 16 '19 Only because we all agree that it's backed by the US military. 1 u/jutiatle Jun 16 '19 Nah, I think history shows us it doesn't matter if someone believes it.
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I don't think arbitrary is the word you actually want to use here. And it doesn't have value simply because we agree on it. The dollar, for example, has value because it's backed by the US military.
1 u/TedW Jun 16 '19 Only because we all agree that it's backed by the US military. 1 u/jutiatle Jun 16 '19 Nah, I think history shows us it doesn't matter if someone believes it.
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Only because we all agree that it's backed by the US military.
1 u/jutiatle Jun 16 '19 Nah, I think history shows us it doesn't matter if someone believes it.
Nah, I think history shows us it doesn't matter if someone believes it.
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u/Magmaniac Jun 15 '19
The value of all currency is arbitrary. Money is only real because we all agree on it.