FDR Changed the dollar bill to include the Star of Remphan
(media.scored.co)
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LOL. Replacing fiat with fiat?
Meanwhile, let me stack my metals.
BTC is a digital asset/cryptocurrency, not fiat currency.
Issued by a government (e.g., USD, EUR, JPY)
Declared legal tender by law
Value is backed by government authority, not by a physical commodity
Not issued or controlled by any government
Decentralized, created by a network through mining
Not legal tender in most countries (though a few, like El Salvador, do accept it as legal tender)
Value comes from market demand, scarcity, and network consensus
Who issues it? What sets the value?
It's mined, not issued so it's like gold, only that its mining is limited and steady. It's based on cryptography. Value is determined by the market. There's no centralized institution that does that.
Mined from what, thin air? 🤣
Can you hold it? Is it physical specie? No? It's fucking fiat. Piss off.
Ok, boomer. Is information valuable? Can you hold it?
You're both arguing based on physicalism. But value is a metaphysical category assigned to objects by people or God. Your mind, free will and soul are the most valuable things you have but you can't hold any of them.