Every country is primarily using bills of exchange. Look up and read the act in your country. Any piece of paper with a signature is considered money. They can add as many zeros to the number that they can fit on the paper and it becomes money in their system. It says so right in the government's bills of exchange act
If you don’t see how conflating IOUs with Hard Money distorts prices & artificially amplifies demand, then you also probably don’t understand that Fractional Reserve Banking does the same thing.
#Bitcoin solves the Lloyd Christmas Problem of Money.
https://encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcQ61Dd72R_8Qe1KHgaZz7bteyA24mrcJhu7XA&usqp=CAU
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