Post
Topic
Board Bitcoin Discussion
Re: News at 11: BITCOIN IS FIAT MONEY TOO.
by
jseverson
on 19/03/2018, 03:37:48 UTC
Fiat is backed up by the Government/Country.

...while Bitcoin isn't. Again, that's basically what everyone is trying to get at when comparing the two of them. I'm not commenting on whether that's good or bad, or even if your definition is correct.

All I want to know is whether there is a point in playing with the semantics.