Trusting a bunch of people to print money is a bit too much, isn't it?
But what would you if you could actually print legal tender(real dollars) for a day?
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Trusting a bunch of people to print money is a bit too much, isn't it?
But what would you if you could actually print legal tender(real dollars) for a day?
DESTROY IT so no one can ever print more anymore.
you have no idea what is legal tender nor dollars
I see you're not giving in to temptation ๐
Perfect comment๐ ?
The vast majority of fiat money is created when people take on debt to a bank.
Physical cash is the only fiat money that is debt free.
So to say, electronic cash is more fiat-er?
The money you have in the form of a deposit in a bank is a bank IOU for physical cash.
If you take on debt to a bank they create new IOUs for physical cash out of thin air.
This is how over 90% of fiat money in circulation is created.
Physical notes and coins are the only fiat money that is not issued via debt.
Nothing ok, I lied. Iโd break it.
Don't be shy, nothing you'd do that hasn't already been done or is being done.๐
Man office space is awesome