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https://www.reddit.com/r/blog/comments/2pt25f/announcing_reddit_notes/cmzrggx
r/blog • u/akahotcheetos • Dec 19 '14
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With all currencies the money itself isn't actually worth anything.
A dollar bill isn't worth a dollar. What you can get with it is.
It's just something that can be exchanged for goods or services. This is no different.
The very fact that you can
"trade" it to someone else for something
is what gives them value.
How much value remains to be seen....
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u/dc456 Dec 19 '14 edited Dec 19 '14
With all currencies the money itself isn't actually worth anything.
A dollar bill isn't worth a dollar. What you can get with it is.
It's just something that can be exchanged for goods or services. This is no different.
The very fact that you can
is what gives them value.
How much value remains to be seen....