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According to this definition, is there any possible form of widely-used money that isn’t fiat money?
by baddox 9y ago
According to this definition, is there any possible form of widely-used money that isn’t fiat money?
- deleted 9y ago[deleted]
- AFNobody 9y ago> According to this definition, is there any possible form of widely-used money that isn’t fiat money? There used to be 100+ years ago such as gold and silver coins where if you were able to remove them from Country A to Country B, then Country A could no longer enforce such financial penalties against you. This is what many of the cryptocoins _wanted_ to be. It needs to be a hard currency that leaves you immune to monetary policy and fines unless you are physically within the jurisdiction of the country.