fiat money

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.

The pound volumes echoed similar instances of investors jumping into bitcoin when fiat money came under pressure, including in Russia and Ukraine this year.

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.

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.

These can then be exchanged for other cryptocurrencies or fiat money.