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Fiat currency is money that lacks intrinsic value, instead deriving its worth from its status as legal tender via central banks. Despite facilitating crucial economic activity, fiat is susceptible to fiscal and monetary crises.
Although fiat currency or money has proven an effective store of value, medium of exchange, and unit of account, there are disadvantages associated with its use...
Fiat money is legal tender that lacks intrinsic value, while cryptocurrency is a digital asset that derives its value from its native blockchain. The issuance a...