Topics | Cryptocurrency | Fiat Currency |
---|---|---|
Creation | Created by decentralised distributed computing | Created and issued by a Government |
Control | Governed by network consensus and not any entity | Governed by a central bank |
Transactions | Transactions only involve two parties | Transactions require a third party to process |
Time | Local and international transactions can take minutes depending on the internet connection | Local and international transactions can take days |
Fees | Little to no chargeback is required after a transaction has been made | A chargeback is possible after a transaction has been made |
Value | Value determined by supply & demand | Value determined mostly by markets & regulations |
Supply | In most cryptos, there is only a limited supply = No inflation | Governments can print an unlimited amount = Inflation |
One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. For example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all of which can adversely affect actual trading results. Please check our full disclaimer.