Why do people accept fiat money in trade for goods and services?

[Josh]

Thanks.

 

[iluvfashionshow]

althought fiat money are money without intrisic value, they are considered money because of governement decree
ex. fiat money is 20$ bill. The paper is worth less than 1 cent, but because its written 20$ and we believe it's worth 20$ because of governement decree

 

[isaac]

I never knew fiat cars were considered money lol