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RE: Fully Enjoy This Moment!

in #joy7 years ago

Awesome comment.

I too don't consider fiat money as money but that's the term used on Wikipedia so that's why I use this term. Funnily enough I've just looked at the page there and here is the first line.

Fiat money is a currency without intrinsic value established as money by government regulation or law. [wikipedia]

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Yes, the "powers that shouldn't be" love to confuse money and currency. I guess an easy way to answer the question, "Is it money or currency," would be "If the government didn't exist, would it still be worth something to other people?" US Dollars, no. Crypto, yes. Precious metals, yes.