Tag: inflation

The Rise And Fall Of Fiat Currencies

Fiat currency refers to any currency that a government declares to be legal tender. Legal tender in this context means that the money has the full backing of the government that issues it. Throughout history, fiat currencies have had the order of rising and eventually collapsing, often due to devaluation. Initially, paper money gets introduced into an economy whereby it…

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Bitcoin vs. Gold – Performance Comparison Analysis

The battle between Bitcoin and gold and can be seen as the battle between David and Goliath, at least in terms of time. Bitcoin is the most recent currency to hit the world markets while gold is one of the most tried and tested assets in the world; and gold is not only a precious metal, but has also been…