- Thread Author
- #1
- Joined
- Sep 25, 2023
- Messages
- 35,693
- Reaction score
- 2,957
- Trophy Points
- 179
- Location
- Philippines
- D Bucks
- 💵6.385150
- Referral Credit
- 100
The answer is no, and I am so sure that all of you here, crypto lovers, know about this term, Fiat. Fiat currency is not exclusive to crypto. Fiat currency existed long before cryptocurrencies were created.
Cryptocurrencies were created as an alternative to traditional fiat currencies, offering features such as decentralization, transparency, and potentially faster and cheaper transactions.
Fiat is a government-issued currency that has existed for a long time. Cryptocurrencies are often traded against each other on exchanges, and fiat currencies serve as on-ramps and off-ramps for the crypto market.
Cryptocurrencies were created as an alternative to traditional fiat currencies, offering features such as decentralization, transparency, and potentially faster and cheaper transactions.
Fiat is a government-issued currency that has existed for a long time. Cryptocurrencies are often traded against each other on exchanges, and fiat currencies serve as on-ramps and off-ramps for the crypto market.