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The Unidades de Fomento is a unit of account. It is a non-circulating currency; the exchange rate between the UF and the Chilean peso is constantly adjusted for inflation so that the purchasing power of the Unidad de Fomento remains almost constant on a daily basis during low inflation. It was created on 20 January 1967, for the use in determining the principal and interest in international secured loans for development, subject to revaluation according to inflation. Afterwards it was extended to all types of bank loans, private or special financing, purchases and investments on installments, contracts, and some special situations. It is also used in legal standards such as the par value of stock and capitalization of companies, and fines.
It has become the preferred and predominant measure to determine the cost of real estate, values of housing and any secured loan, either private or of the Chilean government. Individual payments are made in Chilean pesos, according to the daily value of the UF. A similar currency unit for use generally in payment of taxes, fines, or customs duty is the Unidad Tributaria Mensual. WikipediaMeer oor Dogecoin
Dogecoin is a cryptocurrency created by software engineers Billy Markus and Jackson Palmer, who decided to create a payment system as a joke, making fun of the wild speculation in cryptocurrencies at the time. It is considered both the first "meme coin", and more specifically the first "dog coin". Despite its satirical nature, some consider it a legitimate investment prospect. Dogecoin features the face of Kabosu from the "doge" meme as its logo and namesake. It was introduced on December 6, 2013, and quickly developed its own online community, reaching a peak market capitalization of over US$85 billion on May 5, 2021. As of 2021, it is the sleeve sponsor of Watford Football Club.
Dogecoin.com promotes the currency as the "fun and friendly Internet currency", referring to its origins as a "joke". Software engineers Markus and Palmer launched the satirical cryptocurrency as a way to make fun of Bitcoin and the many other cryptocurrencies boasting grand plans to take over the world. Dogecoin quickly gained traction, particularly on social platforms like Reddit. Wikipedia