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Fiat money is a type fiat currency refers to traditional government-issued currency, like the US dollar or the euro, which can be used to purchase from the control of central.
Their decentralized nature sets them classified as fiat money.
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Will Cryptocurrency ACTUALLY Replace Fiat Money? (Differences Explained)The differences between crypto and cash. From volatility to protection and supply to control, cryptocurrencies are very different from cash. Both can be used for payments and as a store of value. Both rely on widespread consumer trust in order to function as a means of exchange. Fiat money is. Some bitcoin proponents view the cryptocurrency as a hedge against inflation because the supply is permanently fixed, unlike those of fiat currencies, which.
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