a lot of people like that crypto isn't backed by a gov, but i'd like to believe that most people would agree that the government has some intrinsic worth.
Re:Diem – A rebrand of Facebook’s Libra
by camgunz on Sunday December 06, 2020 @01:09PM
(#25325284)
It is literally worth trillions ($27t)! The credit-worthiness of the USD is so good we've sold trillions of them. It's just such an inarguable stat haha.
https://seekingalpha.com/article/145722-what-really-backs-th...
a lot of people like that crypto isn't backed by a gov, but i'd like to believe that most people would agree that the government has some intrinsic worth.