Money is a printed note from a country that is backed with some form of precious metal. One of the few exceptions to this rule is the United States of America which has nothing to back their money....
Money is any object excepted in exchange for goods and services. The object used in place of goods and services, to purchase goods and services.Fiat money is government authorized currency based on...
Because usually it is not backed up by any commodity such as gold or silver. While it is possible to have digital currency that is fully backed up by a commodity, most aren't.