What a ridiculous title lol.

The premise is interesting, though a bit of an exaggeration. A very enjoyable read though.

fake stops being an applicable term as soon as people start agreeing to accept it, which the article says happened. Then it's as legitimate as anything like Bitcoin.

This reminds me of a very fun episode of the Uncivil podcast, which talks about a northern guy who started counterfeiting Confederate money during the Civil War: https://podcasts.apple.com/us/podcast/the-paper/id1275078406...

> “It would not be an exaggeration to call these criminals capitalists,” he concludes, “even if their idea of making money was more literal-minded than the bankers whose notes they imitated.”

Counterfeiting is fraud, not capitalism. Even a so-called “lender of last resort” cannot exist under capitalism, but only under a system of dirigisme or worse.

Still to this day, fake money continues to build America and afford the American lifestyle.

USD is backed by petrodollar, which is backed by US Navy and depends on US Armed Forces bombing anyone who refuses to use USD as a reserve and trade ccy

There is no sense in which counterfeiting bank notes was a creative force in the economy and not just theft. The article doesn't really attempt to justify the title.

stop upvoting dumb shit jesus christ

Remember, it's always been fake & made up

https://youtu.be/LtFyP0qy9XU?t=76