Paper money eventually returns to its intrinsic value – zero. — Voltaire

#bitcoin #hardmoney #thebigprint

Reply to this note

Please Login to reply.

Discussion

Paper money will go to zero, yes, but intrinsic value doesn't actually exist. Value is assigned subjectively for the trade of the next marginal unit of a good.

Yeah I know - it was copied from a book I’m reading!

Fiat money has no value - only what we are forced to by parasites to listen and stand in line and say thank you sir … not anymore with BTC šŸ¤™šŸ»