Knowing its a loaded question I'll explain it anyway.The fiat...

Knowing its a loaded question I'll explain it anyway.

The fiat currencies, like any money, including money backed by something tangible are just tokens. When you buy something your equating the value against the effort to accumulate that value. The token is merely holding that crystallised value, or more accurately the crystallised energy. Currency is just the medium to transfer value(energy), it isn't the value(energy)

Gold isn't directly valued with the USD. Its valued against what you can buy with that currency and not the actual currency. The value is dictated by consumers.