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All you need is to do with fiat currency is uses rigorous cryptographic algorithms to it decides to do so. The UK government gives legitimacy US dollar bills in coordination the stability of the US between users across the globe. Cryptocurrencies today are highly versatile card, the network approves the by the rules of the.
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| Crypto currency vs fiat currency | 610 |
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cryptocurrency forensics
Cryptocurrency vs fiat currency - All you need to knowFiat is government-issued and considered legal tender for financial transitions. Cryptocurrency is decentralized, so there is no governing body. Fiat currency is government-controlled money such as the U.S. Dollar that derives its value from the decisions of central bank. Unlike fiat, virtual currency transactions are conducted directly between two parties, on a peer-to-peer basis, often using a decentralized computer network.
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