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What backs the Cryptocurrency?

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What backs the Cryptocurrency?

Blockchain technology backs the cryptocurrencies.

Cryptocurrencies are digital money regulated by a distributed and decentralized ledger, the Blockchain.

They are widely adopted in many parts of the world and are used to trade assets.

The characteristics of blockchain are so dynamic that it is widely spread across many sectors.

So, when more currencies are mined, the value also increases at a faster rate.

They’re not controlled by any government or centralized system and no single entity can claim ownership on cryptocurrencies.

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