Post
Topic
Board Economics
Re: Fiat is a Digital currency without Value
by
Ladysmith
on 09/06/2020, 22:33:53 UTC
The only thing that gives any type of currency real value is belief. People currently believe that fiat holds value, so it does.

The only form of currency that has obvious value is other products and services. (e.g. exchanging one product or service for another product or service.)