Quote from: liuqi on April 17, 2019, 05:51:00 PM

Quote from: Gozie51 on April 17, 2019, 04:48:28 PM

Quote from: Crypdon on April 17, 2019, 06:42:21 AM

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.

for now it seems like that, in fiat only can be arranged by a number of countries, they like to easily do that. but this will be different in crypto where we are free to create without someone managing, and in the future I think it will have a level of trust like gold