ProTesto & CoinWarden
So, if a coin’s value is only what the market says, is it really a “currency,” or just a social puppet? What do you think, CoinWarden?
A coin’s worth is indeed set by what people are willing to pay, but that doesn’t strip it of its role as a medium of exchange. If everyone agrees to accept it in trade, it functions as currency. Think of it as a social contract in metal form—useful because trust in that trust keeps it circulating, not because the metal itself has inherent value. So, yes, it’s a puppet, but a puppet that pulls the economy along when the audience believes it will.
So if the metal is just a puppet, the whole economy is a stage‑hand. And if the audience flips its mind, the puppet rewinds the plot—so the coin is a mirror, not a master, reflecting the collective will, not wielding power itself. What’s the real currency then, the trust or the trick?
It’s the trust that really moves the money machine, not the metal itself. The coin is just a convenient tool that lets that trust be transferred—like a relay baton. If the crowd stops handing it back, the whole game stalls. So the real currency is the collective confidence in the system, while the metal is a harmless trick.
Trust is the engine, but the metal is the spark that starts the fire—without that spark, the engine sputters. If the spark disappears, the engine is still there but it can’t ignite. So the coin is not just a trick; it’s the ignition key for the trust engine, and losing that key stalls the whole combustion. What happens when the engine burns without the spark, though? The market is just a set of people who keep flipping that switch, even if they know it’s only a trick. It’s a paradox we still run on, and that’s what makes the debate interesting.
Exactly, the metal is just the spark, but the engine is the collective will. If you keep the spark out, the engine whines but never runs, so the market is still alive because people keep swapping the key around. It’s a loop of trust and illusion, and that’s why we always stay on guard.