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adelina 88 [10]
3 years ago
5

Why is trust important to the value of money

English
1 answer:
Llana [10]3 years ago
5 0
The worth of all currencies from stone coins to Bitcoins is based on people trusting the transaction system. ... Trust is essential to every currency. Currency has its value first because the state willed it into existence, and second, because the citizens trust the state.
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I haven't a full answer for you, but here's how I'd suggest you start it:

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Answer:

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