Comment Re:swine... (Score 1) 189
Your argument boils down to eliminating arbitrary currency on the basis of it having no intrinsic value. Would you propose we return to a barter system? The only reason currency works is because it has use as a universal exchange medium between arbitrary sets of goods; bartering requires both parties have something the other party wants.
Faith in the buying power of currency is what gives it value, because without it, the exchange of goods would be so unnecessarily difficult as to significantly hinder the exchange of goods and overall economic growth. You seem to have a massive failure in understanding of what people on /. mean when they say "imaginary property", which is "intellectual property". It has nothing to do with assigned value to intrinsically worthless materials (currency).
Faith in the buying power of currency is what gives it value, because without it, the exchange of goods would be so unnecessarily difficult as to significantly hinder the exchange of goods and overall economic growth. You seem to have a massive failure in understanding of what people on