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What is Money? ?? Fiat Currency USD: System of Control ?? (How Bitcoin \u0026 Crypto Can Protect Us! ?)
Fiat to crypto refers to buying crypto as Bitcoin using fiat currency. The term originated due to the limitations of previous online trading. Fiat currency is government-controlled money such as the U.S. Dollar that derives its value from the decisions of central bank. Pay in Crypto and your beneficiary receives Fiat, seamlessly. The Crypto-to-Fiat solution bridges the Web2 and Web3 gap, offering a modern payment option.

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View NerdWallet's picks for the best crypto exchanges. Newsletter signup. Comparatively, a currency tied to a tangible asset such as gold is more stable because of the limited and finite supply of gold. Fiat money relies on the dynamics of supply and demand as well as the stability of the issuing government to maintain its value.