> Cash is just paper, that happens to have an agreed upon value by the majority of the population.
There really is no such agreement, it is a belief system. And you know that "the majority of the population" has had no say in monetary policy, nor do they understand it. There is no democracy involved and has never been. Billions of dollars, euros and etc are conjured out of thin air and into the hands of the chosen ones as we speak.
Before cash started to rule everything around us, people would carry letters from kings, princes or other nobles, that would instruct subjects to provide the bearer with horses, lodging and hospitality. For example if they were travelling. Or if they were to lead a project. People had to work by decree, people received their benefits and etc by decree.
Just as the rulers today create an endless amount of money out of thin air, monarchs of the past would create noble titles out of thin air. With rights to estates and the servitude of the people who were born there and etc. People defending that oppressive and invented aristocracy system would say "it is the will and decree of God", just like you're now saying that today's oppressive and invented monetary system "is the will of the majority". Because most will always defend the status quo, no matter what.
If the money value is the will of the people, then when did the majority decide they wanted to have high inflation and even hyper inflation? I don't remember any such vote in any country, do you?