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What is the underlying value of cryptocurrency

What is the underlying value of cryptocurrency

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These suggestions bear substantial implications - Federal Reserve Bank of. FinTech and the transformation of and the fight for a. PARAGRAPHDepending on the chosen perspective, cryptocurrencies either constitute a unique opportunity to end national patronizing built on debt-based fiat money currency or a menace to a well-established financial order that ensures economic stability.

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In response, ETH holders voted to create a new fork of the blockchain which rolled back the history of the blockchain before the hack. A tough competitor can reduce demand for a cryptocurrency, as users may turn to alternatives. One reason for their high popularity is due to them being used as a medium of exchange by decentralized finance trading protocols.