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Fiat money is an alternative to commodity money, which is a currency that has intrinsic value because it contains, for example, a precious metal such as gold or silver which is embedded in the coin. Fiat also differs from representative money , which is money that has intrinsic value because it is backed by and can be converted into a precious ...
Some critics of the prevailing system of fiat money argue that fiat money is the root cause of the continuum of economic crises, since it leads to the dominance of fraud, corruption, and manipulation, precisely as it does not satisfy the criteria for a medium of exchange cited above. Specifically, prevailing fiat money is free-floating, and ...
archive.today – Is a web archiving site, founded in 2012, that saves snapshots on demand [2] Demonoid – Torrent [3] Internet Archive – A web archiving site; KickassTorrents (defunct) – A BitTorrent index [4] Sci-Hub – Search engine which bypasses paywalls to provide free access to scientific and academic research papers and articles [5]
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Cryptocurrencies are digital assets that can be used as an alternative form of payment to fiat money. [1] In current [when?] financial systems, there exists many privacy concerns and threats. [8] Centralization is an obstacle in typical data-storage systems. [8] When individuals deposit money, a third party intermediary is necessary. [8]
The alternative to a commodity money system is fiat money which is defined by a central bank and government law as legal tender even if it has no intrinsic value. Originally fiat money was paper currency or base metal coinage, but in modern economies it mainly exists as data such as bank balances and records of credit or debit card purchases, [3] and the fraction that exists as notes and coins ...
The dark web has often been confused with the deep web, the parts of the web not indexed (searchable) by search engines. The term dark web first emerged in 2009; however, it is unknown when the actual dark web first emerged. [11] Many internet users only use the surface web, data that can be accessed by a typical web browser. [12]
This integration enables the use of Stellar’s native cryptocurrency, XLM, and the fiat-backed stablecoin USDC (USD Coin) by the company Circle. Circle is a regulated fintech and it’s USDC Cryptocurrency stable coin is a trusted, widely accepted and highly liquid digital dollar; for seamless cross-border payments and real-time settlements.