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A comment on The United States of America vs. Samuel Bankman-Fried Indictment [pdf]. Parent comment
Money can be tied to life changing/life threatening events or situations in many more scenarios.
The archetypal scenarios are people losing college money, retirement savings, downpayments for their kid's apartments/houses, etc.
There are many ways in which money is very, very real.
Anyone who still clings to this "fiat" thesis is just detached from human reality.
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Money can be tied to life changing/life threatening events or situations in many more scenarios.
The archetypal scenarios are people losing college money, retirement savings, downpayments for their kid's apartments/houses, etc.
There are many ways in which money is very, very real.
Anyone who still clings to this "fiat" thesis is just detached from human reality.