harem.king
Forum Fanatic
- Aug 16, 2023
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I don't think you understand what the word "backed by" mean.That is just incorrect, Euro is backed the same way Dollar, by Goverments. Think before you write something, because someone may read what you write.
You can't walk into a city hall and give them your legal tender in exchange for a box full of government. Government is not a physical object, it cannot back currency. Saying "it is backed by government" is saying that the currency is unbacked.