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Why is cryptocurrency valuable

why is cryptocurrency valuable

The value of a currency form is largely propelled by its scarcity or rarity. · Being limited in numbers, Bitcoin fairs better than gold and fiat. Like shares, most crypto tokens also have utility that give holders access to specific services or platforms (a share gives the holder the right. Like anything else that people want, the value of cryptocurrency is determined by supply and demand. When demand outpaces supply, the price goes. CBB BEST BETS TODAY

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Ethereum Vs. Bitcoin: What Sets Them Apart? - CNBC

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