Post
Topic
Board Economics
Re: The History of Gold and Silver Points to the future of Cryptocurrency
by
liuqi
on 17/04/2019, 17:51:00 UTC
No idea what fiat is..

Fiat to me is the bridge between material and financial valuation. Fiat create value to our access. In other words, even bitcoin, gold, silver and other materials and mineral resources have their value in fiat.

Fiat is the measurement to value the product but the product is the matter for this fiat money. Hope you do not know the old culture and current financial politics from USA. If you know about these two things alone means you will not say like this.
I really feel pathetic on your understanding. If the gold decides the market also people will be happy not want to be slave in the name of USD. world worst and crazy money.