this post was submitted on 26 Jul 2023
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Actually many bills are more of a fabric material now than an actual paper product. Many bills in Europe now are polymer based. Both of which add to the difficulty of counterfeiting
Actually most of the money are just 1‘s and 0‘s in a computer, coming into existence from nothing and vanishing into nothing. Fiat money backed by "trust". As Henry Ford once said:
It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.