9 ms·

gold is a fiat currency

• gnaritas 13y ago
  Gold isn't a currency, it's a commodity.
  • NikolaTesla 13y ago
    Gold can be a currency, called a commodity currency, not a fiat currency.
    • gnaritas 13y ago
      Sure it can be, and was in the past; but we don't live in those times. Gold today is a commodity.
    • dredmorbius 13y ago
      "specie" when produced as a currency.