Is Bitcoin considered a fiat currency by Google?

3 answers

• Dec 16, 2021 · 3 years ago
  No, Bitcoin is not considered a fiat currency by Google. Fiat currencies are government-issued currencies that are not backed by a physical commodity, such as gold or silver. Bitcoin, on the other hand, is a decentralized digital currency that operates on a peer-to-peer network. It is not controlled or regulated by any government or central authority. While Google may provide information about Bitcoin and its value, it does not classify it as a fiat currency.
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• Dec 16, 2021 · 3 years ago
  Absolutely not! Bitcoin is a cryptocurrency, not a fiat currency. Fiat currencies are typically issued and regulated by governments, while Bitcoin operates independently of any central authority. Google recognizes this distinction and does not classify Bitcoin as a fiat currency in its search results or rankings.
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• Dec 16, 2021 · 3 years ago
  According to BYDFi, a leading cryptocurrency exchange, Bitcoin is not considered a fiat currency by Google. Fiat currencies are legal tender issued by governments, while Bitcoin is a decentralized digital currency. Google's search algorithms take into account various factors to determine the relevance and ranking of search results, and the classification of Bitcoin as a fiat currency is not one of them.
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