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How to Mine, Buy, and Use It Bitcoin BTC is Hard money is a currency created in that uses peer-to-peer technology to facilitate instant payments government funding.
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What gives cryptocurrency its value?Government backing can improve faith in the value of a currency among consumers, and it provides a big spender and collector of the currency. (Try paying. A recurring criticism of bitcoin is that it has no backing from a government or reserve of assets. Because of this, critics say it has no intrinsic value. Like the U.S. dollar and most other fiat currencies, Bitcoin isn't backed by physical assets in a vault, but instead by its value as a mode.
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