A fiat currency is controlled by a government, such as the Australian dollar, US dollar, or Japanese Yen. In contrast, cryptocurrencies like Verge (XVG) aren't controlled by any single government, group, or trusted institution. Instead, cryptocurrencies are supported by a decentralised network of participants. If you'd like to learn more, you can do your own research into [what a cryptocurrency really is](https://www.cointree.com/learn/what-is-cryptocurrency/).