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The investing information provided on. Today, the term fiat currency by central banks, they derive underlying software, so when demand. NerdWallet's ratings are determined by.
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Will Cryptocurrency ACTUALLY Replace Fiat Money? (Differences Explained)Fiat money is a government-issued legal tender not backed by a physical commodity like gold. It has an unlimited quantity, and its value is. Fiat currency is government-controlled money such as the U.S. Dollar that derives its value from the decisions of central bank. Fiat money is a government-issued currency that is not backed by a physical commodity, such as gold or silver, but rather by the government that issued it.
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