DEV Community

Discussion on: What was the most over-hyped software movement?

Collapse
 
lukewestby profile image
Luke Westby

Sovereign currencies have value because issuing governments only accept tax payment with those currencies, and tax payment is required under penalty of prison. I’m not sure I would call that agreement or blind trust.

Thread Thread
 
anpos231 profile image
anpos231

It's the governments way of ensuring that currency has value.