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The Problem with Fiat Currencies

Problems with FIAT Currencies! Inflation, Economy... SUBSCRIBE to ALUX:    / @alux   15 BEST MONEY ADVICE | ALUX Edition:    • 15 BEST MONEY ADVICE | ALUX Edition   Have a look at our premium courses: https://courses.alux.com LEARNING MASTERY: https://alux.com/learn Get a free audiobook thanks to Audible: https://www.alux.com/freebook Thanks to our friends at Audible! Disclaimer: signing up for Audible will result in financial compensation towards Alux. SHOP NOW: https://alux.com/merch Last Sunday's podcast episode: https://open.spotify.com/episode/32Zy... In this Alux.com video we will be answering the following questions: Why is it called a fiat currency? Is Bitcoin a fiat currency? How many fiat currencies are there? What is U.S. dollar backed by? Is gold fiat money? Is USD still backed by gold? Is the euro a fiat currency? Are any currencies backed by gold? Who owns the most bitcoin? Can bitcoin exist without fiat? Who is bitcoin owned by? What currencies are backed by gold or silver? What is fiat Crypto? Why do fiat currencies fail? Do fiat currencies always fail? Is fiat currency worthless? Is fiat currency collapsing? What would happens if fiat currency collapses? What is the safest currency? What should I own if a dollar crashes? What happens if the dollar crashes? How long can a fiat currency last? What is one of the disadvantages of fiat currencies? What is the life expectancy of a Fiat 500? Are any currencies backed by gold? What is the strongest fiat currency? What's the longest a fiat currency has lasted? What happens to debt in a currency collapse? - Get Rich Playlist:    • Get Rich Playlist - Alux.com   Take Action Playlist:    • TAKE ACTION by Alux.com   All Sunday Motivational Videos:    • Sunday Motivational Videos   Book Club:    • Alux.com's Book Club   - Social Media:   / alux     / alux     / aluxcom   --- Alux.com is the largest community of luxury & fine living enthusiasts in the world. We are the #1 online resource for ranking the most expensive things in the world and frequently referenced in publications such as Forbes, USAToday, Wikipedia and many more, as the GO-TO destination for luxury content! Our website: https://www.alux.com is the largest social network for people who are passionate about LUXURY! Join today! SUBSCRIBE so you never miss another video: https://goo.gl/KPRQT8 -- To see how rich is your favorite celebrity go to: https://www.alux.com/networth/ -- For businesses inquiries we're available at: https://www.alux.com/contact/

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