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What supports the value of the US dollar?

The US dollar stands as one of the world's most influential currencies, serving as the primary reserve currency and a benchmark for global trade...

Is fiat money backed by gold or silver?

Money serves as a medium of exchange, unit of account, and store of value in modern economies, facilitating transactions and economic activity. Fiat money,...

What is web3 about?

Web3 is a term that has gained significant traction in recent years, sparking curiosity and speculation about the future of the internet and digital...

What is the premium on 1 oz of gold?

Gold has long been revered as a store of value and a hedge against economic uncertainty, making it a sought-after asset for investors around...

What is digital currency based on?

Digital currency has emerged as a transformative force in the world of finance, offering innovative solutions to traditional monetary systems and revolutionizing the way...

What is the digital currency to replace the dollar?

In recent years, the concept of digital currencies has gained significant traction as advancements in technology and changing consumer preferences have reshaped the global...

Shell has announced the sale of its Bukom refinery located in Singapore

Shell, the multinational oil corporation, has announced the sale of its Bukom refinery located in Singapore, marking a significant shift in its strategic direction....

What is bitcoin backed by?

Bitcoin, the pioneering cryptocurrency, has captured the imagination of investors, technologists, and the general public alike since its inception in 2009. As a decentralized...

Is gold tied to the dollar?

Gold and the US dollar are two pillars of the global financial system, each wielding significant influence over markets, economies, and investor sentiment. While...

What backs the US money supply?

The US money supply serves as the backbone of the nation's economy, facilitating transactions, investments, and economic growth. However, the question of what backs...

What is the main goal of Web3?

In the ever-evolving landscape of technology and innovation, Web3 has emerged as a revolutionary concept that seeks to redefine the way we interact with...

What makes a company Web3?

The evolution of the internet has ushered in a new era of technological innovation, with Web3 emerging as a transformative force reshaping digital ecosystems...

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