fiat money

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Other pages on his site appear to criticise "fiat money" - commonly used currencies as opposed to gold and digital tokens like Bitcoin - and usury, the charging of interest on loans.

From BBC • Nov. 28, 2023

Maybe they believe they're skeptical about fiat money and the Federal Reserve, so they've gone all in on crypto and could wind up in a bad place there.

From Salon • Jul. 11, 2023

Although cryptocurrencies like Bitcoin often appear similar to the fiat money we’re accustomed to, in the eyes of the IRS, the digital assets are actually property, according to this FAQ from the federal agency.

From The Verge • Jan. 24, 2022

As a result, while cryptocurrency influencers tend to tweet frequently and may occasionally create videos on TikTok, YouTube is where the real fiat money is at.

From Seattle Times • Dec. 13, 2021

What do you understand by the terms "legal tender"? "fiat money"? "seigniorage"? "suspension of specie payments"?

From Government in the United States National, State and Local by Garner, James Wilford