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0 sats \ 1 reply \ @guerratotal 2 Jun \ on: Help me hone my argument bitcoin
A4: The US Dollar’s value mostly comes from trust — people trust the government will accept it for taxes and debts, and that others will accept it in trade. But unlike gold or Bitcoin, it’s not backed by a physical asset or a fixed supply. The government can print more whenever it wants, which can erode purchasing power over time. So, its value depends heavily on faith in institutions, which history shows can sometimes fail or be mismanaged.
Well said.
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