Which type of money is based only on faith

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asked Aug 9, 2017 54.0k views

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Ddaa · Answer 1 · 2017-08-15T20:14:34+0000

A type of money that is based only on faith is Fiat money which is the modern paper money. It is known to be based only on faith because it is supported simply by the faith a person has in the government that issued it.

Which type of money is based only on faith

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