Fiat Money vs Cryptocurrency [Lesson 3 - Beginner]

Welcome to Cryptocurrency Training with Shiba Inu Finance:

Lesson 3. Fiat Money Vs Cryptocurrency [Beginner]

These lessons are designed to give an introduction to the cryptocurrency world the basics, giving foundational knowledge before we advance to Intermediate and Advanced levels.

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Partial Script:

Fiat currency is a legal tender whose value is determined by the government and is not directly linked to any reserves of commodities.
Instead, the value is determined by the government based on factors such as supply, demand and stability.

Purchasing products and services, saving money, and making various types of investments may all be done using fiat currency. As a successor for the gold standard, it is the new legal tender

It's important to remember that the government issues and regulates fiat money.

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