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It is decentralized, meaning it is controlled by users and computer algorithms and not a central government. It uses cryptography (the practice of. It's just how supply and demand works. What is cryptocurrency used for? Decentralized cryptocurrencies like bitcoin are controlled by the community.
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Cryptocurrencies are favorably compared with legacy currencies like the dollar, especially in that. The digital coin has surged in value over the past. Read about cryptocurrency, how secure it is and how to protect yourself from scams. What is the difference between cryptocurrencies and tokens? Who makes decisions for cryptocurrency software?
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Think of someone who purchased bitcoins in the beginning of 2011, when their value was below a.
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