@white_male @Tfmonkey @VeganMGTOW @BowsacNoodle
Useful & Rare = More Valuable
Rare & not useful = Not Valuable
Common & not useful = Not Valuable
Blockchain money, paper money & electronic money are not valuable
The only value in paper & electronic money is paying taxes as a token to avoid going to jail
Without taxes paper & electronic money has no use and therefore nno valuee
Valuable for their usefulness.
>The only value in paper & electronic money is paying taxes
That's just retarded. Fiat usefullness is in abstracting cost from barter. How the fuck are you going to implement factories that need thousands of different material inputs?
>Without taxes paper & electronic money has no use
Abstracted value transfer. Also enables accumulation of wealth for large projects.
@white_male @Tfmonkey @VeganMGTOW @BowsacNoodle
You pay factory workers in Asia manufacturing electronic goids in bags of rice
They can trade rice for electronic goods they want to purchase or they can eat it
@white_male @Tfmonkey @VeganMGTOW @BowsacNoodle
I do not have a problem with gold because you can make tools to use out of gold
If you take a gold coin and change the words and numbers printed on it but it has the same mass it is worth the same amount
If you change the words and numbers printed on paper money but it has the same mass then it's value changes
Does the ink or the paper make it valuable. Is it worth more if more ink is printed on the same paper to make the number bigger?
Yes, that's the social contract. The thing white people do, ingenious solutions for making life easier.
@white_male @Tfmonkey @VeganMGTOW @BowsacNoodle
If there ever was a explicitly written social contract that would be the constituition
People make up imaginary unwritten social contracts that society must follow whenever they want you to do something that violates the constituition
Clearly social contracts are fictions people use to trick people into doing what they want without having explicit rules they are accountable for to give as a reward in exchange for the obedience they request
@white_male @Tfmonkey @VeganMGTOW @BowsacNoodle
Social Security was a social contract
Actually it was fiat. 😔
@BowsacNoodle @Tfmonkey @VeganMGTOW @white_male
Social contracts are fiat
@BowsacNoodle @Tfmonkey @VeganMGTOW @white_male
Social contracts used to justify government policies that I do not like are fiat
based.
I call it abstraction, but yeah. So what? It works even if you consider it ridiculous.