Do you know why fiat currency doesn’t technically count as money?

Do you know the difference between what real money is and what fake money is?

The American currency (money) is a FIAT currency. Why and How? Watch to find out.

DEFINITIONS

Money:

a current medium of exchange in the form of coins and banknotes; coins and banknotes collectively,

the assets, property, and resources owned by someone or something; wealth.

sums of money.

Currency:

a system of money in general use in a particular country.

the fact or quality of being generally accepted or in use.

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