Cryptocurrency where is the money coming from

cryptocurrency where is the money coming from

How to buy bitcoin currency

Each block is part of the network based on supply.

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It has no intrinsic value and is not backed by anything. Bitcoin devotees will tell you that, like gold, its value comes from its scarcity�Bitcoin's computer. Like all forms of currency, Bitcoin is given value by its users, supply and demand. As long as it maintains the attributes associated with money and there is. To use cryptocurrencies, you need a cryptocurrency wallet. These wallets can be software that is a cloud-based service or is stored on your computer or on your.
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Can you buy bitcoins on electrum

This confirmation is not instant as it takes time for six blocks of transactions to be processed so that users can be certain that their transaction has been successful. This distinction is important. You can learn more about the standards we follow in producing accurate, unbiased content in our editorial policy.