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2 min read

Currency Clash

Fiat vs. Digital vs. Crypto

2 min read

Currency Clash

Fiat vs. Digital vs. Crypto

In a world of technological advancement comes the three types of currencies which are: Fiat, Digital, and Crypto.

So, ano nga ba ang gamit at purpose ng mga ito?

There's a long way to go kaya samahan niyo ako to explore the use and purpose of these currencies.

Fiat Currency

Fiat is the common currency that we're used to. These are currencies used in different countries.

Philippines
PHP
Philippine Peso
South Korea
KRW
Korean Won
USA
USD
United States Dollar

These are usually the cash money that we use for our everyday transactions.

Digital Currency

Digital is the latest currency we've adapted to for the past years. These are e-wallets where we can store our money and use it for transactions.

Example: Gusto mo magpadala ng pera sa 'yong family pero nasa Manila ka at nasa probinsya sila. You can send them money in less than 3 minutes through GCash.

Digital Currency makes transactions easier especially, sa pagpapadala ng pera at pagbabayad ng bills.

Cryptocurrency

Cryptocurrency is a peer-to-peer transaction of currency usually protected by secret codes or cryptography.

Ilang halimbawa ng mga cryptocurrency ay:
Bitcoin
Ethereum
Tether
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