What is Cryptocurrency?
Cryptocurrency is a digital form of currency that uses cryptography for security, operates independently of a central authority, and is decentralized via blockchain.
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What is Fiat Money (Fiat Currency)?
Fiat money is government-issued currency not backed by a physical commodity. Its value derives from government regulation and acceptance as a medium of exchange.
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Bitcoin Environmental Impact
The energy-intensive nature of the proof-of-work consensus mechanism has led to concerns about its carbon footprint and contribution to climate change.
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