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0 pointsdabrot4y ago0 comments

> Crypto is not backed by any real assets

As is fiat money.

0 comments

Fiat money is backed by the fear of gratuitous violence from the military of its nation.

And legal system.

Laws are enforced by violence.

j / k navigate · click thread line to collapse

Fiat money is backed by the fear of gratuitous violence from the military of its nation.

And legal system.

Laws are enforced by violence.

j / k navigate · click thread line to collapse