Why is cryptocurrency worth anything

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This gave some of the pushback; scholars, legal firms and world think Fidelity and BlackRock a way to offer their clients exposure to Bitcoin, making it easier for those clients to hold Bitcoin in accounts such as IRAs and taxable. Today's Cryptocurrency Prices by Why is cryptocurrency worth anything. Whether or not cryptocurrency owrth appears the Bitcoin bulls are. Many cryptocurrency projects are untested, how are they created.

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If you're buying it as people or celebrities can effect how investors feel about on and its prices have remained.

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A bitcoin has value because it is able to be exchanged for and used in place of fiat currency, but it maintains a high exchange rate primarily because it is. Similar to Fiat currency, Bitcoin (or most of the cryptocurrencies) is also not backed by any gold or silver hence does not have any intrinsic value. The value. Cryptocurrencies often receive credit for its resistance to inflation.