Fiat is a centralized currency issued by a government, whereas cryptocurrency is a decentralized currency leveraging blockchain technology. Most modern currencies are described as fiat—issued by the ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Robert Kelly is managing director of XTS ...

A fight over banning a Central Bank Digital Currency (CBDC) nearly derailed the defense bill. Learn what a CBDC is and why it ...

Money acts as store of value, unit of account, and medium of exchange, facilitating trade. Fiat currency relies on public trust and economic conditions, unlike commodity money. Key money properties ...

Figuring out how much money is out there in the world is no easy task. There are so many ways to think about money, and it ...

The term programmable money refers to digital funds capable of executing logic based on a set of predefined conditions ...

Markets have been volatile lately due to several underlying concerns. Still, one gathering headline is the blowup of the carry trade, where investors borrow in a cheap currency like the Yen and invest ...

This excerpt from A Progressive’s Case for Bitcoin: New Revised Updated Edition explores how Bitcoin fulfills every core function and property of good money—revealing why it’s the best form of money ...