Fiat currencies are backed by the GDP of the country and the economic health of the country.
The worth of a currency is the gross domestic product of all the sources of revenue of that country.
Bitcoin and crypto's are backed by what??
They remind me a whole lot of the COMEX gold index. Backed by nothing and is only paper.
- Forums
- Economics
- Bitcoin ... (?)
Fiat currencies are backed by the GDP of the country and the...
- There are more pages in this discussion • 22 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
BGD
BARTON GOLD HOLDINGS LIMITED
Alex Scanlon, Managing Director & CEO
Alex Scanlon
Managing Director & CEO
SPONSORED BY The Market Online