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Bitcoin is a lot of things but a fiat currency isn’t one of them. Being a fiat currency requires it to be decreed for transactions, a unit account, etc. by a g
by alwillis 6y ago
Bitcoin is a lot of things but a fiat currency isn’t one of them.
Being a fiat currency requires it to be decreed for transactions, a unit account, etc. by a government or other sovereign entity.
There’s no such entity behind bitcoin.