Fiat currency is a type of money that is created by a government and is not backed by a physical commodity like silver or gold. In other words, it is backed by the perceived stability and ...

Fiat currency contrasts with commodity money – such as silver or gold coins – that carry value tied to the materials they contain. It is also distinguished from cryptocurrency, which exists as ...

Fiat and commodity money represent two foundational approaches to currency, each with unique influences on value, stability and economic policy. Here is an overview of key differences discussed in ...

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 ...