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Difference Between a Cryptocurrency and a Fiat Currency
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[QUOTE="Kennysplash, post: 307314, member: 26385"] According to my own knowledge official Fiat currency is the currency of a nation. It is an acceptable legal tender in exchange for goods and services. The supply of this currency can be monitored by the government and the decide how much can be in circulation depending on the financial condition of the country. Cryptocurrency on the other hand is a type of currency that was invented to bring an alternative mode of payment for people in general. It is also a good source of investment. Unlike the Fiat currency cryptocurrency can be used anywhere in the world no matter the country that you live in. [/QUOTE]
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Difference Between a Cryptocurrency and a Fiat Currency
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