Notizie Denaro Fiat
Fiat money is government-issued currency that holds value because it is recognized as legal tender, not backed by a physical commodity like gold or silver. Fiat money, a cornerstone of modern economies, has a rich history.
Originating from ancient practices of promissory notes, it gained prominence in the 20th century when nations shifted from commodity-backed currencies to government-issued paper money. With the advent of digital technology, fiat money underwent a significant evolution, transitioning from physical cash to digital transactions. The rise of online banking, debit/credit cards and digital payment platforms streamlined financial transactions, making them more accessible and efficient.
In recent years, central banks globally have explored the concept of central bank digital currencies (CBDCs) as the next phase of fiat money evolution. It is important to note that Bitcoin is not fiat money, but CBDCs (when implemented) will be. CBDCs refer to digital versions of national currencies directly issued and regulated by central authorities.