nostr:npub1flm9yc3vhc3dj036pn3ysl5xwd4f5gyhyjnn9rzehs5mqe9y9ynq6qrg9q nostr:npub1rq9x6sk86e8ccw2cm8gsm4dyz9l24t823elespupaxjnzdk026fsca2r93 this discussion is awesome!

Funny how the world works. I just finished a podcast that broke this exact discussion down into detail.

The fact that money (Fiat) is a creation of the state to wield power/control and the “faith” we have in it is all that is backing it.

As for the market/s they are absolutely a manifestation of the necessity to exchange energy/value between populace. We have used many things as money (sea shells, glass beads, sharks teeth) and they had value because we agreed they did. That agreement gives us the “faith” in said “monetary system”.