Bitcoin is much more divisible than fiat currencies . One bitcoin can be divided into up to eight decimal places, with constituent units called satoshis. Most fiat currencies can only be divided into two decimal places for everyday use.
Read moreWhat is the difference between fiat money and cryptocurrency?
Fiat money is legal tender whose value is tied to a government-issued currency, like the U.S. dollar, while cryptocurrency is a digital asset that derives its value from its native blockchain .
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