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Sure, in modern times that's what it means, but more generally it means it's money because enough people believe it is.


Except that it quite literally means it's money because law.

At the moment it seems much more likely that the US government will survive than that BTC will be popular (and I think the relative values are fairly reasonable), but a few GPTs from now when computer governance becomes not only plausible but likely and crypto will seem like the only reasonable option.


Compound nouns don't work that way. A bluebird isn't any bird which happens to be blue.




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