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RE: Can Anyone Actually Tell Me What "MONEY" Is?

in #silver7 years ago (edited)

Money is some store of wealth that has an INTRINSIC VALUE. Therefore, gold and silver are absolutely the perfect form of money. Meanwhile, fiat is only called currency because it's backed by nothing but the people's confidence in their government. Although it's a simple answer, hope that can answer your question.

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Thanks for you response and I agree with what you are saying . Cheers

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