Re:S&P Dow Jones Indices to launch cryptocurrency indexes in...
by doggosphere on Friday December 04, 2020 @12:48AM
(#25299432)
> USD will always be valuable as long as the US government exists and taxes its citizens in USD. This means that there will always be demand for USD (again, as long as the US government exists).
For the USD to have value, you need technological innovation and productivity. You need to export more value than you import.
Simply existing and taxing your population does not give your currency value.
For the USD to have value, you need technological innovation and productivity. You need to export more value than you import.
Simply existing and taxing your population does not give your currency value.