Apa Itu Fiat?

Fiat is a term used to describe currency that is issued by a government and is not backed by a physical commodity such as gold or silver. The value of fiat currency depends on the trustworthiness and stability of the government that issues it. In contrast to commodity-backed currencies, the value of fiat currencies is determined by monetary policy and other economic factors, not by the intrinsic value of the materials they are used for.

Examples of fiat currencies include Rupiah (IDR), US Dollar (USD), Euro (EUR), Japanese Yen (JPY), and British Pound (GBP). These currencies are widely accepted as legal tender in their respective countries and are also used in international trade. The US dollar in particular is often considered the world's reserve currency and is widely used in global transactions.

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