Date: 2004-08-12 05:35 pm (UTC)
This is true of most money, though. As I see it, U.S. currency became virtual a long time ago when it went off the gold standard.

In retrospect it really has become a sort of bartering: "If you do work for me, I will give you this many pieces of paper per hour." "I accept your offer, for I will later trade these pieces of paper for goods and other services."
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