Bitcoin has come a long way from where it started now let’s compare Bitcoin against fiat currencies to review its journey. Bitcoin against fiat: diving into history The British Pound Sterling is the oldest fiat currency that functions today. The currency was founded back in 1694. Although, the currency has persevered through the test of time the currency has lost over 90 percent of its value so far. Regardless, the currency is still regarded as one of the most successful currencies in the world. It is no small feat that the currency has functioned across four centuries. The average lifespan
