Historically, many currencies were pegged to gold, a system known as the gold standard.
07 Sep 2023, 16:02
Historically, many currencies were pegged to gold, a system known as the gold standard.
Today's fiat currencies, however, aren't backed by physical commodities. Instead, they rely on trust placed in the issuing governments.
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1AurusDeFiAWX #1804
07 Sep 2023, 16:02
Would you prefer a currency backed by tangible assets like gold or continue to trust the current fiat system? 💡🤔
Would you prefer a currency backed by tangible assets like gold or continue to trust the current fiat system.
Would you prefer a currency backed by tangible assets like gold or continue to trust the current fiat system? 💡🤔