Ask/Knowledge Atlas/Fiat money
Money · Modern Bitcoin

Fiat money

Fiat money is currency whose monetary status depends primarily on government designation, institutions, and monetary policy rather than commodity convertibility.

Context

Why it matters

Fiat money is currency whose monetary status depends primarily on government designation, institutions, and monetary policy rather than commodity convertibility.

Canonical knowledge

What California Bitcoin maintains

  • Fiat money is currency whose monetary status depends primarily on government designation, institutions, and monetary policy rather than commodity convertibility.

Primary and technical sources

Evidence before assertion
Bitcoin Developer Documentation

Bitcoin.org

Tier — · technicalBitcoin: A Peer-to-Peer Electronic Cash System

Satoshi Nakamoto

Tier 1 · primary

Related concepts

Continue through the knowledge graph
Fixed supplyBitcoin issuanceDigital scarcityMonetary premium
Machine accessAgent-ready
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