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Understanding Fiat vs. Representative Money
Fiat money is physical money—paper money and coins—while representative money is something that represents the intent to pay, such as a check.
Money is a medium of exchange that market participants use to engage in transactions for goods and services.
Hard Money Definition
Hard money is an ongoing funding stream versus a one-time grant payment and can also refer to a currency backed by a gold standard or other precious metal.
Lawful Money Definition
Lawful money is any form of currency issued by the United States Treasury and not the Federal Reserve System. It includes gold and silver coins.
Chartalism is a non-mainstream theory that emphasizes the impact of government policies and activities on the value of money.
Why Governments Are Afraid of Bitcoin
Bitcoin is the first decentralized peer-to-peer payment network and cryptocurrency. Its value is determined by users and not central governments or banks.
Inflation is a decrease in the purchasing power of money, reflected in a general increase in the prices of goods and services in an economy.
Bridging the gap between fiat currency and cryptocurrency, stablecoins aim to achieve stable price valuation using different working mechanisms.
Do Cryptocurrencies Have Intrinsic Value? It Depends
Cryptocurrencies matter in the long run, whether as a store of value or a medium of exchange.
Soft Money Definition
Soft money is unregulated donations to political parties for general "party-building" purposes, not the support of a particular candidate.