The agreement is "tacit" you agree simply by participating. You never signed a contract to drive on a specific side of the road, but I doubt I'd see you careening into oncoming traffic because of its absence.
> did you see how you turned your crypto into yen (fiat) to get your sushi?
Sure did why is that a problem? I could have turned the fiat into Marriott points and exchanged those for a hotel stay. Does that mean the fiat is worthless because I turned it into Marriott Points first? I just needed to get my liquidity into the correct medium.
FWIW I don't like to think of it as "buying sushi" instead I sold yen for sushis. Maybe I'll use my sushis to buy bitcoin from someone.
"The agreement is "tacit" you agree simply by participating."
Yes, but you are also forced to participate in order to pay your taxes. Even if you, for example, only conducted trade via barter, the gov would still require you to pay taxes in local currency.
Yes this is what "tacit" means. Just like you tacitly agree you won't murder people or we'll put you in jail. You don't get an option to opt out. Its called society. On the upside you get protection from others murdering you. The alternative as Locke put it is "nasty, brutish, and short". Are we really litigating this again? I thought we worked out the philosophy on this a solid 250 years ago.
> did you see how you turned your crypto into yen (fiat) to get your sushi?
Sure did why is that a problem? I could have turned the fiat into Marriott points and exchanged those for a hotel stay. Does that mean the fiat is worthless because I turned it into Marriott Points first? I just needed to get my liquidity into the correct medium.
FWIW I don't like to think of it as "buying sushi" instead I sold yen for sushis. Maybe I'll use my sushis to buy bitcoin from someone.