Cryptocurrency vs physical currency

cryptocurrency vs physical currency

Top blockchains by market cap

While they do not require the digital currency is spread over a broader range of.

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10 000 dollars in bitcoin

Each time a transaction occurs, it forms part of a new block that is added to the chain. Can have volatile prices that result in lost value. Fiat currencies are forms of legal tender that governments control. As payments in digital currencies are made directly between the transacting parties without the need for any intermediaries, the transactions are usually instantaneous and low-cost. Hackers can steal digital currencies from online wallets or change the protocol for digital currencies, making them unusable.