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GlossaryFiat Currency

Fiat currency or Fiat money is the currency that is not backed by a physical asset. Its value is determined from the relationship of demand and supply along with the government. It is a legal tender, with its value depends on the government that issued it. The US Dollar, Euro, and other major world currencies are all Fiat money. The money backed by assets is called commodity money.

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Cold Wallet

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Cold Wallet
Hashrate
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