You are viewing a single comment's thread from:RE: Why HODL and not HOLD?View the full contextdonniedeluxe (49)in #steemit • 7 years ago sorry if this is a dumb question, whats the "fiat"?
fiat is regular currency "money", like USD, Euro, Yen, etc.
Fiat is currency dictated into value by a government. USD CNY Euros are all fiat they are only backed by the government that issues them.