That's the principle behind fiat money, which means legal tender based on a government decree, and in a modern sense, it means any currency that is backed by faith in the government, not an ...

Fiat currencies are issued and regulated by a country's central bank but are not backed by a commodity like gold. Fiat currency is a type of money that is created by a government and is not backed ...

Fiat isn't exactly famous for breathtaking cars but throughout its history, the Italian manufacturer has stepped outside the ...

Fiat money is backed by governments, offering stability and widespread acceptance. Advantages of cryptocurrency include the potentially high returns on investment and quick, low-cost transactions ...

See how we rate investing products to write unbiased product reviews. Fiat money is currency backed by the government that issued it and isn't tied to a commodity such as gold. Fiat money issuers ...