Re:Do Kwon reportedly arrested in Montenegro
by CPLX on Thursday March 23, 2023 @02:49PM
(#35279505)
No. The main use of cash is as a means for conducting transactions for goods and services.
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Re:Do Kwon reportedly arrested in Montenegro
by eric_cc on Friday March 24, 2023 @09:18AM
(#35288643)
And what’s the main use of cash from the perspective of the US government? And what makes cash have value? And what has been the history of money thus far that has led to this junction?
Re:Do Kwon reportedly arrested in Montenegro
by HDThoreaun on Friday March 24, 2023 @10:31AM
(#35289543)
Transacting for goods and services. Cash has value because you get arrested if you don’t have enough to pay taxes.
Re:Do Kwon reportedly arrested in Montenegro
by eric_cc on Friday March 24, 2023 @11:13AM
(#35290103)
I totally agree. Cash has value because it’s backed by violence.
Re:Do Kwon reportedly arrested in Montenegro
by mrguyorama on Friday March 24, 2023 @01:18PM
(#35292336)
Oh no the state has a monopoly on violence what a bad thing. I much prefer the natural way where your right to property ends at the tip of my spear.