Please note, this is a STATIC archive of website cointelegraph.com from 17 Oct 2021, cach3.com does not collect or store any user information, there is no "phishing" involved.

Fiat Money News

Although the crypto space commonly uses the term, many folks may still wonder, “What is fiat money?” The fiat definition is fairly straightforward: Fiat money, also called fiat currency, refers to currencies put out by governing bodies and central banks. Fiat money examples include the U.S. dollar, the Chinese yuan and the Mexican peso. Governments control fiat, meaning it is a centralized form of money tied to the borders of each respective country, for the most part.

Different in its design and control, Bitcoin (BTC) is not a fiat currency. Bitcoin is borderless and decentralized, and governments neither issue nor control it. In general, cryptocurrencies are not fiat currencies, although some stablecoin assets represent certain fiat currencies in digital form.

Top News

Is Dogecoin set to follow Shiba Inu’s (SHIB) 400% breakout?

'Much ow' ahead? Dogecoin chart fractal puts Shiba Inu's 390% QTD rally in danger

Shiba Inu rebounds 40% despite major selling by SHIB whales

One currency to rule them all: Facebook’s Diem has global ambitions

Shiba Inu is now a top-20 cryptocurrency with SHIB price soaring 300% in 9 days

Anthony Pompliano gave his take on Kiyosaki’s Fed claims, agreeing that the entity may not be what it seems.

Pomp and Kiyosaki Question the Fed’s Actual Role

2020-04-09T22:30:00+01:00

3575

Donald Trump is on course to add more debt than George Bush and Barack Obama combined, forecasts one gold analyst.

Bitcoin Doesn’t Care as US Debt Reaches an Unfathomable $24 Trillion

2020-04-09T09:34:00+01:00

11768

Russian authorities detained a group of online criminals that sold massive amounts of counterfeit banknotes on the dark web in return for crypto.

Russian Darknet Criminals Sell $13M of Fake Cash for Crypto

2020-04-07T20:19:00+01:00

4428

Coronavirus will subside but give governments carte blanche to control money and people who have no choice but to use it, warns Simon Dixon.

Max Keiser: Selling Bitcoin Now for 'Fiat Debt-Coupons' Is a Crime

2020-04-07T11:45:00+01:00

10251

Billionaire Chamath Palihapitiya explained a scenario which could see Bitcoin become a “flight to safety” asset.

Billionaire Optimistic on Bitcoin as a ‘Flight to Safety’

2020-04-04T18:00:00+01:00

10054

U.S. crypto ATM network Bitcoin Depot has begun shutting off machines in high-risk areas for coronavirus prevention.

U.S. Crypto ATM Network Helps to Promote Social Distancing

2020-04-01T22:30:00+01:00

3296

The traditionally Bitcoin-averse Trump accidentally painted a rosy picture of sound money after endorsing meddling in the dollar supply.

Donald Trump Just ‘Advertised’ Bitcoin After Fed Creates $6 Trillion

2020-03-28T10:31:00+00:00

146735

Run an eligible fundraiser related to COVID-19 and you’ll pay no fees on BABB.

Crypto Donation App BABB Waives Fees For Coronavirus Fundraisers

2020-03-24T21:26:00+00:00

2411