Hey there! 🙃 Do you know what are the main differences between fiat money and cryptocurrency? Let us go over each of them to have a quick refresher of crypto vs fiat👇 :
👉 tangible vs intangible
👉 created by decentralised computing vs issued by a government
👉 governed by majority rules vs governed by a central bank
👉 international transaction takes minutes vs local and international transactions may take days
👉 no intermediary included vs each transaction needs a bank or payment provider
Have any additional differences you would like to add? 😊
#cryptocurrency #cryptomoney #crypto #finance #digitalasset #cryptography #buybycrypto #investingcrypto #digitalcurrency #future #transactions #btcv
👉 tangible vs intangible
👉 created by decentralised computing vs issued by a government
👉 governed by majority rules vs governed by a central bank
👉 international transaction takes minutes vs local and international transactions may take days
👉 no intermediary included vs each transaction needs a bank or payment provider
Have any additional differences you would like to add? 😊
#cryptocurrency #cryptomoney #crypto #finance #digitalasset #cryptography #buybycrypto #investingcrypto #digitalcurrency #future #transactions #btcv