#fiat-currency

#fiat-currency

This was the Trial of the Pyx - an ancient ceremony that is still, in every sense, a proper legal process. Held annually, it exists to answer a simple question - is the coin in your pocket good and true? As Master of the Royal Mint, the Chancellor is technically in the dock. If the Mint were found guilty, m'Lord, of fiddling the figures, the responsibility would be hers.

Musk called fiat money 'hopeless' on social media, indicating his support for cryptocurrency as a fundamental part of his America Party's platform. He replied affirmatively to a tweet asking if his party would embrace Bitcoin.