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Tag: The U.S. dollar is an example of fiat money because

What is the difference between Bitcoin and fiat currency?

27 March 2022 Enpatika.com Genel

They allow direct transactions between individuals without the intervention of an intermediary, such as a bank. While fiat money is subject to inflation and central banks can print more at any time, the leading cryptocurrency Bitcoin has a fixed supply of 21.000. 000 units , making it even scarcer than gold.

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