Why do people have Faith in currency?

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trustyoursources's picture
Why do people have Faith in currency?

Currency is worthless paper yet the collective believes its valuable. Why does society choose to accept the value of fiat currency? Is it because we are born into it?

My take on the worth of money in detail -
https://youtu.be/K7tMbNEGDXg

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Tin-Man's picture
Personally, I do not trust
SecularSonOfABiscuitEater's picture
Seth McFarlane's "The Orville
Sky Pilot's picture
trustyoursources,
Cognostic's picture
From stones, salt and shells
algebe's picture
We trust money because it's
Sky Pilot's picture
Algebe,
LogicFTW's picture
@Algebe
David Killens's picture
I can buy booze with money.
LogicFTW's picture
I will trade my booze to you
LostLocke's picture
"Value" is relative. In our
Grinseed's picture
Initially "coin of the realm"
Cognostic's picture
Now that I know money is
Grinseed's picture
Don't feel bad Cog, the girls
Sky Pilot's picture
Grinseed,
Cognostic's picture
Whew! That really does make
Grinseed's picture
@Diotrephes, the 'do not boil
Sky Pilot's picture
Grinseed,
Cognostic's picture
Grinseed, I always thought
Sheldon's picture
It's a concept and that faith
Cognostic's picture
FAITH IN CURRENCY? How
jay-h's picture
Living in society has many
gupsphoo's picture
I believe in things that work
Foe4500's picture
‘‘Tis simple really.. what
Sapporo's picture
I suppose it is reassuring
LogicFTW's picture
If faith in a currency

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