Welcome To My Corner Of The Internet

Dive deep into the world of crypto and all things esoteric. I say whatever I want.

Exploring the Depths of Finance

Fiat money is a type of currency that has no intrinsic value and is not backed by physical commodities like gold or silver. Instead, its value is derived from the trust and confidence of the people who use it, as well as the stability of the government that issues it.

Unraveling Fiat Money Mysteries

Your Guide to The World Of Cryptocurrency

Crypto currencies differ from fiat money which is a debt based system backed by government or central authority, crypto is not tied to any debt. This means each coin is created through a process known as mining or validation, ensuring that it is not simply a claim on future obligations. Crypto is also designed to prevent double spending.