What if both the dollar AND Bitcoin fails. Now THAT would be a Black Swan.
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LOL
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Bruh watched the nat geo special YEARS ago on this & it has ALWAYS stuck with me. Absolutely fascinating system esp. involving trust. Really reminds us it is all ultimately a matter of perception.
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On that note, what really stuck with me was that value was still retained and transferable when the stones sunk at sea and were irretrievable.
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Oh yes! It still existed in their memory chain. So they recognized it as such. Physically available or not. They still acknowledged it & agreed to recognize it across time & space.
End of conversation
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In fact there are three freely convertible currencies in the Galaxy, but none of them count. The Altarian Dollar has recently collapsed, the Flainian Pobble Bead is only exchangeable for other Flainian Pobble Beads, and the Triganic Pu has its own very special problems.
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If you can't lift then not your stone. I vote for chocolate coins.
#MakeMoneyEdibleAgainpic.twitter.com/CBqkrWzlfu
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I need one !
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