Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

>How is a piece of paper any more valuable than a hash though?

You can pay your taxes with it. It's really just that simple; that's what gives fiat its value. Your government accepts it, thus it's backed by the productive capacity of the country.



Utterly ridiculous; shills be shilling all up in this tread.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: