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Cryptocurrency is considered fiat money.
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REFUTED
the evidence says no
Recorded sources
0 sources for · 8 against
Is it true that Cryptocurrency is considered fiat money?
No. A reference article states cryptocurrencies are not considered currencies in the traditional sense, and multiple academic and reference sources treat cryptocurrency as a distinct category from fiat money, describing conversions between the two rather than identity.
Verdict: REFUTED · 0 sources for, 8 against · Last checked
Evidence against · 8
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Cryptocurrency. (n.d.). en.wikipedia.org. https://en.wikipedia.org/wiki/Cryptocurrency
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More against · 7
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Yu, Z. (2021). On the Coexistence of Cryptocurrency and Fiat Money. doi.org. https://doi.org/10.2139/ssrn.3776097
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Can a contractor convert a cryptocurrency payment into money?. (n.d.). money.stackexchange.com. https://money.stackexchange.com/questions/129532
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Towards a post-cash society: An application to convert fiat money into a cryptocurrency. (2017). doi.org. https://doi.org/10.5210/fm.v22i3.7410
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Can Fiat‐backed Stablecoins Be Considered Cash or Cash Equivalents Under International Financial Reporting Standards Rules?. (2021). doi.org. https://doi.org/10.1111/auar.12344
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Othman, A. H. A., Kawsar, N. H., Hasan, A. B., & Mahadi, N. F. B. (2021). Determining the Appropriate Investment Strategy and Identify the Leading Monetary System before and during the Covid-19 Pandemic Crisis: A Case Study of Crypto-Currency, Gold Standard, and Fiat Money. doi.org. https://doi.org/10.22059/jitm.2021.80354
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Effect of a Deflationary Cryptocurrency. (n.d.). economics.stackexchange.com. https://economics.stackexchange.com/questions/27400
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Possibilities of Forensic Economic Examinations in the Investigation of Crimes Related to the Circulation of Cryptocurrency. (2024). doi.org. https://doi.org/10.18572/1812-3783-2024-8-2-5
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