Sentences with phrase «unlike traditional fiat currencies»

Unlike traditional fiat currency where money can be printed over and over, Bitcoin has a controlled and predetermined supply, making bitcoins scarce, similar to the properties of gold.

Not exact matches

Analysts believe that investors are gradually beginning to pay more attention to these assets since they are unrelated to a country's economy — unlike fiat currencies and other traditional forms of money exchange, which are extremely vulnerable to internal and external economic shocks — leading to the popularity of cryptos such as bitcoin and a few others.

Unlike a traditional, fiat currency, bitcoin is not controlled by anyone, nor is it issued or backed by a central bank.

(It's important to note that Ripple's digital payment network, unlike bitcoin, does not only transmit its native digital currency, but can also be used to move traditional fiat currencies back and forth.)

Unlike traditional currencies (FIAT) such as Dollars, Euros, Yen, or Yuan, Bitcoins are issued and managed without any central authority such as a government, company, or bank in charge of Bitcoin.

One of Bitcoin's greatest value propositions is its known «set in stone» monetary policy and, unlike traditional government issued fiat currencies, no person or organisation can debase the value of bitcoin by printing more money.