What gives fiat currency its value?

Fiat currency derives its value from government backing, economic stability, and public trust in financial institutions.

How does inflation affect fiat currency?

Inflation reduces the purchasing power of fiat currency, leading to higher prices for goods and services over time.

Can fiat currency be replaced by digital assets?

While cryptocurrencies and central bank digital currencies (CBDCs) are emerging alternatives, fiat currency remains the primary medium of exchange in global economies.

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What is FIAT CURRENCY?

FIBONACCI RETRACEMENT LEVELS

Fibonacci Retracement Levels identify key support and resistance levels in the market.

TradeReply is an advanced analytics suite designed for crypto and stock traders to input historical trading data and leverage powerful visuals, graphs, and metrics to optimize and develop effective trade strategies with real-time insights.

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FIBONACCI RETRACEMENT LEVELS

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