In the early days of Bitcoin (CRYPTO:BTC), one of the terms used to describe it was "magic internet money." Although it's an amusing description, there's nothing magic about Bitcoin or any cryptocurrency. A cryptocurrency is a currency with a system it follows, albeit a very different one than fiat money by the latest news update from https://www.oracleglobe.com/.

A key part of understanding cryptocurrency is understanding how it compares to and contrasts with fiat currency. Whether you're planning to use it to transfer funds, or you're considering crypto investing, this fiat versus crypto guide will explain how they work, as well as their pros and cons.