https://felysyum.com/what-is-fiat-money
https://felysyum.com
Fiat currency has become a cornerstone of modern financial systems, yet many people may still wonder about its actual significance and importance. At its foundation, fiat money is a form of currency that has value primarily because a government upholds it and people have trust in its worth. Unlike physical currency, which is backed by a physical substance like gold or silver, fiat currency relies solely on the confidence and reliability of the issuing authority. Comprehending involves examining its definition as money t