Each form of money is utilized as a medium of exchange, a store of value, and purchasing commodities. Cryptocurrencies and fiat currencies both are capable of delivering this utility or purpose however, in several different ways.

One thing which you need to understand is that despite having been used for the same purpose and besides sharing several similarities there are also several distinctions which both of them have.

This blog will guide you through the in-depth meaning of cryptocurrencies and fiat money as well as you will learn the differences between the two. So, let’s get into it now!

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