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by bluetwo 3129 days ago
No amount of debate over the validity of the 2008-2009 financial crisis and resolution makes bitcoin any less of a fiat currency.
2 comments

Fiat means by decree, or order. Typically we mean by government when we use this word.

Essentially, the government creates it by law and then forces you to use it.

I'm struggling to see how this applies to bitcoin.

What? It seems like you are just changing the subject here? I thought you disagreed with the idea of my grandparent post, but it seems that now you want to say that bitcoin is a fiat currency?
Let me make it easy: I disagree with everything you posted.