• aesthelete@lemmy.world
    link
    fedilink
    arrow-up
    2
    ·
    23 hours ago

    Money only has value because a large enough group of people agree that it does.

    I want to stop reading this mindless refrain chirped out. Money isn’t fucking Tinkerbell. The US government collects taxes in USD. If you don’t want the feds showing up at your door and then dragging you to jail, you have to have money to pay taxes.

    • Godort@lemmy.ca
      link
      fedilink
      arrow-up
      1
      ·
      edit-2
      22 hours ago

      This was exactly my point. Money is real because having a common item that everyone agrees is valuable, which can be used to trade for goods and services universally is a boon for society.

      Functionally, it doesn’t matter if money is just some special paper, or a handful of metal discs or some number displayed on a computer screen, even if those things are technically worthless without people to ascribe value onto them.