Comment: Gold is also redeemable in nothing.

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In reply to comment: Nonsense. (see in situ)

Gold is also redeemable in nothing.

If you think of money as a tool you would realize that all money is really fiat. Why is gold valuable? Because people say it is not for any other reason. If gold was legal tender the government would force you to take that also so does it make it more valuable? A 100 dollar bill is valuable because people say it is not because government says it is.

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