Top cryptocurrency on coinbase
El Salvador in September became the first nation to adopt.
0.00383035 btc
Will Cryptocurrency ACTUALLY Replace Fiat Money? (Differences Explained)Fiat money has attributed value because a government declares it legal tender - it has no intrinsic value. We can't talk about fiat money without also. Fiat money is a government-issued legal tender not backed by a physical commodity like gold. It has an unlimited quantity, and its value is. Fiat currency is �legal tender� backed by a central government, such as the Federal Reserve, with its own banking system, such as fractional reserve banking.
Share:
