this post was submitted on 08 Sep 2025
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[–] lazynooblet@lazysoci.al 18 points 2 days ago (3 children)

Not a crypto bro, but isn't all money imaginary computer money?

[–] phdepressed@sh.itjust.works 31 points 2 days ago

Some forms of money are more imaginary than others.

[–] if_only@sh.itjust.works 3 points 1 day ago (1 children)

I'm no authority on the subject but when I use "imaginary" to refer to money I mean it isn't backed by anything. Most currencies are backed by a government, stocks are nominally backed by the profitability of the business that issued the stock, futures by commodities, etc. Crypto is traded like securities but has nothing backing it at all other than people's willingness to buy it from you at a given price.

Like many things it boils down to how you define your terms, "imaginary" in this case.

[–] OsrsNeedsF2P@lemmy.ml 3 points 1 day ago (2 children)

You'll be surprised to learn what the USD is backed by, then

[–] xep@discuss.online 3 points 1 day ago (1 children)

For one thing, being used for paying taxes in the USA?

[–] DragonTypeWyvern@midwest.social 1 points 14 hours ago

And the military those taxes pay for

[–] eager_eagle@lemmy.world 2 points 1 day ago

backed by thoughts and prayers, like a good christian currency

in god we trust

[–] Harbinger01173430@lemmy.world 0 points 2 days ago

That's currency. If you want money, just get good old gold and silver