Re:Post office stamps as currency (1862)
by strictnein on Monday April 17, 2017 @04:33PM
(#14134176)
> "It must either be of intrinsic worth, like metal coins, or represent somebody's credit, -- that of the Government, of a corporation, or of private individuals."
[ Parent
| on HN ]
Fiat currency doesn't match any of those, though. It is of no value, not even credit.