Why people still keeping the fiat money ?
By the way, do you know what is mean by fiat money ?
According to Wikipedia, Fiat money is a currency without intrinsic value that has been established as money, often by government regulation. Fiat money does not have use value, and has value only because a government maintains its value, or because parties engaging in exchange agree on its value.
In layman term, fiat money is the paper money that everyone of us are using like any kind of currency like USD, AUD, RMD & etc..
The video above show the history of USD currency and Gold.
The video above show what is real money.
If you given a choice/option today, are you still holding more currency ?
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