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2026-03-24 04:05:19 UTC
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𝓼𝓮𝓻𝓪𝓹𝓪𝓽𝓱【ツ】☮(📍🇬🇧) on Nostr: Many things have been used as money throughout history, but today, the only money ...

Many things have been used as money throughout history, but today, the only money that matters is fiat currencies (the money created by (central) banks and/or governmemts) and maybe some alternative forms like bitcoin, crypto and so on - who all have different rules and properties governing them.

Fiat money is debt created by banks, not other market participants. Normal market participants cant create fiat money.