Originally Posted by
francesco.decaro
Is Bitcoin a fiat currency simply because it's not a physical commodity? Because in any other way, it is not a fiat currency, since it's not issued by a government or a bank. You can say it's a fiat currency in El Salvador, since they made it a legal tender, but it's still very different from the fiat money we use, because it's not ISSUED by El Salvador's central bank, they simply agreed to use it.
This seems more like a semantics problem than an actual issue about its value.