Category Archives: Cryptocurrency Info

Fiat Money Explained

Fiat money is money that a government declares is legal tender. Fiat refers to the government order. It’s from the Latin, like so many of our legal words, and it means “let it be done.” The government looks at the notion that paper bills can be legal tender, and says, “let it be done.” Gold-backed…

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Other Cryptocurrencies

Imitation is the sincerest form of flattery. Since the success of bitcoin, other cryptocurrencies have emerged. Here in December, 2021 we’ve seen some different names near the top than we have in years past. At the end of 2021, these are the top five contenders, according to Forbes. Ethereum (ETH) Market cap: Over $557 billion…

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