But paper itself has some intrinsic value. You can burn it, you can use it to snort some coke...

It's just that 1$ bill will have the same value as 100$ bill as long as it's equally sized piece of paper. And copper quarter will have much higher value than any paper bill.

Wild times ahead.

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Intrinsic value is completely fictional. What’s the intrinsic value of the Oxygen you breath? It keeps you alive and without it you’re dead in 5 minutes, but it’s free. Weird.