Bitcoin – A Bit Shady

Bitcoin – A Bit Shady. Determining the meaning and value of the cryptocurrency

BY KURT LEYENDECKER; Published by CoBizmag.com: 2018.01.17 03:01 PM

Virtual, or cryptocurrencies, such as Bitcoin, are different than so-called fiat currencies; virtual currencies are not backed by any government. In fact, they are not backed by any one entity at all. So, how are they backed?

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