How have I never seen a single report on how new countries’ currencies are formed? Seems incredibly relevant to crypto

Decentralized open source consciousness | Values-aligned communities | citizen of Black Rock City

Blockchain and web3 researcher|Fundamental and technical analyst|Crypto mentor|Lyricist

I mean it is a value that the government imposes and is not a real value.

Since government money is formed based on a simple order, have you ever seen a white paper on government currencies?  Government currencies are even less valuable than shetcoin and only require a printing press.

Ex-Consensys; Ex-Circle Strategy, Crypto Startup Advisor. Snibbmaster.base.eth

It continued to circulate because it was being used to purchase goods in the local economy…

Currencies can always continue to circulate, this is not important at all, the purchasing power of a currency is important

I remember reading a great law paper from 2012 about this, referencing BTC. It also referenced situations where a currency was made defunct but continued to circulate, like the Swiss Iraqi Dinar.