Currency

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Currency is value storage and exchange system built upon the agreement of people that a thing has value.

Contents

Types of Currency

Cryptocurrency

A cryptocurrency is digital currency constructed using cryptographic algorithm.

Debt-Backed

Fiat

Fiat currency is any currency that is issued at will (usually by a government or a central bank such as the Federal Reserve) without precious metals or other tangibles backing its value. (From the Latin "Let it be done.")

Gold or Silver Backed

Quotes


See Also


Common Financial Investments

Common Investments in Survivalism

Main article Invest in tangibles

Risk to Investments

versus:

Support for your Investments

References


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