Understanding Fiat Money: Pros, Cons, and How It Works
1 min read
Fiat money, not backed by commodities like gold, gains its value from government trust and plays a crucial role in modern economies but carries inflation risks.

Source: Coinpaprika
Fiat money, not backed by commodities like gold, gains its value from government trust and plays a crucial role in modern economies but carries inflation risks.
Source: Coinpaprika