Tag: Soft

Soft money is considered through two different concepts. Firstly and generally speaking, it’s a type of money, like paper currency or fiat money, that stands in contrast with hard money. Hard money has physicality, like gold, silver or any other metal-coined money, or it is hard coded to be scarce, like bitcoin. Soft currency is often used instead of soft money, they are interchangeable in the economic sense as they both refer to a currency that is not backed by a tangible commodity and whose value is based on government…

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