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Fiat vs Bitcoin - What's the difference?

fiat | bitcoin |

As a phrase fiat

is (derogatory|slang|automobiles) fix it again tony, a derogatory slang phrase for fiat, a backronym.

As a noun bitcoin is

.

fiat

English

Noun

(en noun)
  • An authoritative command or order to do something; an effectual decree.
  • * 1788 , Alexander Hamilton,
    • The reflection that the fate of a fellow-creature depended on his sole fiat , would naturally inspire scrupulousness and caution; [...]
  • (English law) A warrant of a judge for certain processes.
  • (English law) An authority for certain proceedings given by the Lord Chancellor's signature.

    • Derived terms

    * fiat money * fiat currency

    Verb

    (en verb)
  • (jargon used in academic debate) To make (something) happen.

    • Quotations

    * (English Citations of "fiat")

    References

    * (Webster 1913) ----

    bitcoin

    English

    Alternative forms

    * Bitcoin * BitCoin

    Noun

    (wikipedia bitcoin)
  • (label) A decentralized digital currency.
  • :We do not accept bitcoin at this store.
  • (label) A unit of the bitcoin digital currency.
  • :This item costs one bitcoin .

    • Synonyms

    * , BTC (symbol)

    See also

    * cryptocurrency