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wizzwizz4
on March 28, 2021
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Bitcoin is not a Battery – it is a Sink
The
fundamental
value of the US dollar is that you can pay US taxes in it. If you don't pay your US taxes in US dollars, the IRS will get you. ;-)
However, its actual value is higher because people have decided to use it as money.
fastball
on March 28, 2021
[–]
Seems pretty hand-wavy. Plenty of people derive value from using USD without ever paying US taxes.
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However, its actual value is higher because people have decided to use it as money.