Fiat used

Fiat used refers to all the money in circulation. Central authorities have budgets that are funded through tax revenue. Spending and investing are different forms of fiat used. To stimulate economic growth there needs to be an increase in fiat used. There is a difference between fiat used and crypto used. With businesses adopting blockchain technology we see an integration of utility which fiat used does not bring. All forms of payment involve fiat used. Currently, crypto assets need to be purchased using fiat. The fiat used brings a better return on investment when purchasing crypto assets compared to traditional finance.