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How is cryptocurrency different form government issued currency

Cryptocurrencies are a type of digital asset that uses cryptography to secure its transactions and to control the creation of new units of the currency.  

Cryptocurrencies are decentralized, meaning they are not subject to government or financial institution control. 

Cryptocurrencies are often traded on decentralized exchanges and can also be used to purchase goods and services. 

Government-issued currencies, on the other hand, are fiat currencies, meaning they are issued by a central authority, such as a government or financial institution.

Fiat currencies are centralized, meaning their supply and value are controlled by a single entity. 

Government-issued currencies can be used to purchase goods and services both online and offline. 

Cryptocurrencies differ from government-issued currencies in a number of ways. 

First, cryptocurrencies are decentralized while government-issued currencies are centralized. 

Second, cryptocurrencies use cryptography to secure their transactions while government-issued currencies do not 

Finally, cryptocurrencies can be traded on decentralized exchanges while government-issued currencies cannot 

The Five Must-Read Books for the Cryptocurrency Reading List for 2023

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