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The Differences Between Fiat Currency And Cryptocurrencies

Chances are high that you have heard the term fiat numerous times already, but you might wonder what it has to do with our financial system. In fact, when economists and financial analyst talk about fiat, they certainly are not talking about the Italian automobile manufacturer but about the currencies which are commonly used around the globe.

Author : Michael Fasogbon

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Michael Fasogbon is a professional Forex trader and cryptocurrency technical analyst with over five years of trading experience. Years back, he became passionate about blockchain technology and cryptocurrency through his sister and has since been following the market wave.