Your English writing platform
Discover Ludwig'fiat currency' is correct and usable in written English.
You can use 'fiat currency' to refer to money (like coins and notes) that has value because of government regulation or law. For example, "The country switched to fiat currency in order to better control inflation."
Dictionary
fiat currency
noun
Money that has indirect market value or is given legal tender status by government fiat.
Exact(60)
He reads books on fiat currency.
The answer amazed us: A fiat currency could be the basis for a satisfactory monetary system!
For better or worse, contemporary fiat currency systems do not require bullion in order to function.
"Fiat currency is essentially currency the government decrees to be legal tender," Willis says.
"Bitcoin wasn't really developed to be a replacement for fiat currency.
Today's cryptocurrencies tend to be volatile unless they're backed by fiat currency in a bank account.
A fiat currency, on the other hand, can be devalued by centralized monetary policy.
The second is a "fiat currency," created by a ruler with the power to compel use.
The theoretical model can be used to analyze how market fundamentals determine the exchange rate of fiat currency to Bitcoin.
How that could possibly be, given all the debased fiat currency sloshing around, the Yes camp has not explained.
In the long run there will be no need for a single medium of exchange, no need for fiat currency.
More suggestions(1)
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com