Post
Topic
Board Economics
Re: Are fiat currencies necessary in the world?
by
sevenbits
on 18/09/2018, 06:18:59 UTC
At the current stage of development, Fiat is absolutely necessary. Perhaps for the real functioning of the economy, Fiat is not needed, but the consciousness of most people is still very attached to the Fiat. So it was with the first paper money, then with electronic payments.