“Bitcoin may be money, but it is not a new type of money,” they said. Dollar bills are fiat, gigantic limestone wheels were once fiat and bitcoin is. contend in this article that Bitcoin, like all other crypto currencies, should not be nations' fiat money supplies with a view to achieving inter alia price stability. This makes fiat currencies inflationary. When we speak of Bitcoin, there's no central bank here constantly issuing money and controlling any monetary policy.
-
-
-