There is a lot of debate about it you would consider BTC a fiat currency. NYFed considers it so. Many Bitcoiners do not agree, rather that term is used for cent

There is a lot of debate about it you would consider BTC a fiat currency. NYFed considers it so. Many Bitcoiners do not agree, rather that term is used for central bank currencies. It comes down to your definition of fiat currencies. From context, I was referring to central bank issued currencies aka fiat currencies. It has to be issued by a State. As opposed to cryptocurrencies that are issued by either mining, or genesis block issuance.