Behind most card payments in Europe stand two American giants, Visa and Mastercard – a dependence recently thrust into the spotlight. After issuing an arrest warrant for Israeli Prime Minister Benjamin Netanyahu, several judges at the International Criminal Court were sanctioned by Washington, leaving them unable to use their bank cards – even on European soil.

  • Gulliver@lemmy.zip
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    13 hours ago

    so most of currency were based on the price of gold for centuries for nothing? you’re saying nonsense.

    • poVoq@slrpnk.netM
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      12 hours ago

      Even then the gold was used to mint coins with a nominal value set by the state and it had to be used to pay taxes.

      The gold content/value of these coins also often did not correspond to the nominal value, especially over time.

      Not everything is nonsense, just because you lack the knowledge to understand it 😅

      • Gulliver@lemmy.zip
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        12 hours ago

        So i checked, and states / civilisations existed having coins despite having no taxes of any sort (except mandatory redistribution wich is not related to the coins at all) like a lot of American civilisations.

        I think I found something we both lacked knowledge on it 1 hour ago. But now we can thanks the internet for proving my point anyway.

        • poVoq@slrpnk.netM
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          11 hours ago

          You checked where?

          And no, you are still wrong, because the taxes were still there, just slightly indirect. The states paid their soldiers and other employees in the coins the state produced and the peasants had to sell food and services to these soldiers with these coins, which is in effect a form of taxation.

          If you want to actually educate yourself about money I recommend you read “Debt, the first 5000 years” by David Graeber.