Cryptocurrencies vs. Fiat Money? 🔍💸

Fiat money: issuance controlled by central banks and governments. It is physical (bills/coins) and digital (bank accounts). Accepted as a means of payment by law, with value backed by trust in institutions. 🏦🇺🇳

Cryptocurrencies: decentralized digital assets, operate on blockchain. They do not depend on a single issuer: their supply and security depend on the code and the network. They can be more volatile and not always universally accepted. ⛓️🔐📈

Compared advantages:

Fiat: relative stability, wide acceptance, ease for economic policies. ✔️

Crypto: transparency, potential for fast transfers and without intermediaries, programmable properties (smart contracts). ✔️

Risks:

Fiat: inflation due to excessive issuance, centralized control. ⚠️

Crypto: high volatility, security/scam risks, changing regulations. ⚠️

Advice: Educate yourself well before investing. Assess objectives, horizon, and risk tolerance. 📚🤝

#Criptomonedas #DineroFiat #Blockchain #Finanzas #EducaciónFinanciera