You are viewing a single comment's thread from:RE: Fiat Money and CryptocurrenciesView the full contextgungasnake (49)in #money • 5 years ago https://steemit.com/money/@gungasnake/the-problem-with-coin-mining
Other than that... ALL money is fiat money, even gold. Minus the fiat, gold would likely sell for a dollar or two an ounce. The value of gold is based entirely on psychology and psychiatry, and not economics or physics.