this post was submitted on 25 Jun 2026
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All money is theoretical money.
The larger the amount the more theoretical it is, but even the crisp $5 bill in your pocket is just the promise of violence if somebody doesn't have enough $$$ to pay their housing costs at the end of the month or their taxes at the end of the year.
Actual money is not theoretical money as such, don't conflate the theoretical nature of money with the subject at hand. Kind of discredits you that you made that argument.
All money is theoretical, even commodity backed money or commodities themselves are only worth what you can exchange for them, in that regard the $5 in your pocket is exactly as "real" as a stock Elon has with $5 you can both use it to purchase $5 worth of stuff.
Nah, saying shit like that actually discredits you though.