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    Daily Archives 09.02.2022

    Difference Between Fiat Money and Commodity Money

    09.02.2022 Crypto News  No comments

    And when using commodity money for purchasing items, it becomes the money or currency accepted by all. The recent rise of Bitcoin has recently brought all of these doubts into focus. As we decide whether Bitcoin creates “money” or not, we need to understand the difference between fiat money and commodity money. My grandparents used to say that money makes the world go around, but what do we know about the money we use today?

    While money is a popular form of storing that value, there are disadvantages to its use that need to be considered...

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