Dollar bills and reserve balances held by banks at the Federal Reserve are current examples of government-issued money in that they be converted on demand into other things like gold. According to Kohn, such money is accepted as payment mainly because fiat; cannot; people believe others will accept it as payment fiat; cannot; the government has ordered that it be accepted in all payments convertible; can; the government has no incentive to create too much of it convertible; can; it will have value even if other people don't accept it as payment