> (Not pictured: other things based in "faith", like civil oversight over the military, the Constitution, the enforcement of laws, the concept of credit itself, the currently overpriced exchange value of gold... basically anything that isn't enforced by AK-47's, except of course those enforced by the promise of AK-47's)
You know, you failed to specifically pick out the most relevant thing that is also based on faith: bitcoin.
Like any currency, its value in exchange for anything else is dependent on faith that people will accept in the future.
You know, you failed to specifically pick out the most relevant thing that is also based on faith: bitcoin.
Like any currency, its value in exchange for anything else is dependent on faith that people will accept in the future.