Cyber currency: the best investment choice for an increasingly cyber world, a bad investment as it is, or something else entirely?

If you’re already familiar with cyber currency you might be wondering what the critique or support over the particular cyber currency called Bitcoin in this article will be about. However, what about the following cyber currencies: Ethereum, Fatcom, MaidSafe, or Ripple? By considering the vast spectrum of crypto currencies as a whole in addition to … Read more

What is fiat money?

Fiat Money

According to InvestorWords, fiat money is money which has no intrinsic value and cannot be redeemed for any commodity, but is made legal tender through government decree. If something has no intrinsic value and can’t be redeemed for anything that does, how could people value such a thing? In other words, how can such a … Read more