The term ‘Fiat’ refers to money that is issued by a government to be used as legal tender. You might be surprised to hear that this ‘Fiat’ money has no intrinsic value.

That’s right, unlike a commodity such as gold or silver, government issued money is worthless. Its worth comes purely from trust – both parties in a monetary exchange agree on the value of said money and the government trusts it will be accepted by merchants and service providers.

Cryptocurrency, by comparison, is decentralized and not controlled by a centralized government. While the prices of cryptocurrencies are much more volatile than fiat currencies, they are still based on supply and demand. Perhaps most significant, unlike both commodities and fiat, their supply can be finite – there will never be more than 21 million Bitcoins. What do you suppose the price of Bitcoin might do, once every government and billionaire on the planet wants some?

Our purpose is to provide ideas and knowledge on how to utilize cryptocurrency to increase your fiat wealth.