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A comment on New study detects lottery-like behavior in cryptocurrency markets. Parent comment

Re:New study detects lottery-like behavior in cryptocurrency... by henvic on Thursday April 01, 2021 @03:56PM (#26665265)
Fiat currency is money that isn't backed by something, such as gold.

https://en.wikipedia.org/wiki/Fiat_money https://en.wikipedia.org/wiki/Intrinsic_value_(numismatics)

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