BIS data shows fiat currencies last a median 33 years, and Bitcoin fans noticed
By John Chen
The BIS data highlights fiat currency fragility, fueling crypto debates, but the institution's stance underscores Bitcoin's limitations as money. The post BIS data shows fiat currencies last a median 33 years, and Bitcoin fans noticed appeared first on Crypto Briefing.
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Bitcoin
The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.
Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.
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A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.
Crypto prices are volatile, and governments are still deciding how to regulate it.
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