In turn, bitcoin businesses are booming in the country despite the fact that the central bank still insists digital currencies are not a viable alternative to fiat currency. (coindesk.com)
It is considered the best alternative to fiat currencies and has been used by investors as protection against inflation for many years. (coinbureau.com)
Initially cryptocurrencies were offered primarily as an electronic alternative to fiat currencies. (dailybitcoinnews.com)