Post
Topic
Board Economics
Re: In the future, will fiat currencies be necessary in the world?
by
ulhaq
on 02/05/2019, 04:16:19 UTC

We know bartering doesnt work anymore and that is why fiat was created.


This is totally false; fiat had nothing to do with, and was not created, for a superior alternative to barter. If you look at the history of money, commodities were used for thousands of years before fiat.