Comment: "fiat" means "let it be done" or "by decree." That decree can

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In reply to comment: "fiat currency".... i don't (see in situ)

"fiat" means "let it be done" or "by decree." That decree can

be made by anyone, not necessarily government. It is thus the character of being something because someone declared it so, not because of its nature.

Gold and Silver are money because of their physical nature.

BitCoins and FRNs are because someone said so.