Fiat

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Revision as of 15:11, 16 December 2017 by Oflameo (talk | contribs) (stub page on fiat currencies)

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Fiat Currency is the default currency of Nation States and the currency they take in taxes.

No limit on units of it
No published algorithm
High rate of counter fitting
High rate of fraud
Central Banks can change policy on a whim
Multiple instances of value crashes

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