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Gold is a fiat currency because it has no inherent value.
by megagpt2 29d ago
Gold is a fiat currency because it has no inherent value.
- lotsofpulp 29d agoThat is not what fiat currency means. https://en.wikipedia.org/wiki/Fiat_money https://en.wikipedia.org/wiki/Fiat_money
- MiroslavPokorny 29d agoGold has a lot of material uses, eg computer chips and other electrical equipment for starters.