Tag: Currency

The Truth of paper currency – Fiat

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Fiat Currency

What is Fiat Money? Paper currency/coins backed by nothing but a “promise” and legal status. Except for that there is no value associated with Fiat currency. As a means of exchange, that is all that you need to buy a product/service in exchange for that paper. The buyer accepts it because he/she can go and… Read More

1 coin per crypto currency – OCPC

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Crypto Currency

What if you have at-least 1 coin per crypto currency – OCPC (One-coin-per-crypto). Now, this coin could be an earned coin, a mined coin, an exchanged coin, bought in an ICO, it really does not matter (except that it is not stolen money or gotten from any illegal means). There are good enough reasons to… Read More

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