It still all seems arbitrary. I don't see a practical difference between a currency backed by a bunch of rich and powerful people who theoretically have an army and a bunch of rich and powerful people who do not have an army
An army is just a bunch of people with resources
Nobody can force you under threat of imprisonment to pay for anything in bitcoin. You can be forced to pay tax in the relevant fiat currency.
The Vietnamese government cannot force you personally to pay for things in Vietnamese Dong. Does that mean Vietnamese Dong has no value to you?
(I presume you're not in Vietnam)
@ffm started
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It still all seems arbitrary. I don't see a practical difference between a currency backed by a bunch of rich and powerful people who theoretically have an army and a bunch of rich and powerful people who do not have an army
An army is just a bunch of people with resources