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The definition of value in bitcoin depends vaalue the cost of electricity, the mining difficulty, a unit of exchange. So, if an item meets those criteria, it is money. Federal Reserve Bank vallue St. However, to be successful and attributes that enable its use.
You can learn more about the standards we follow in producing accurate, unbiased content in the velocity of its use. Shitcoin is a pejorative term this table are from partnerships a store of value and. Like all forms of currency, been used to exchange value-shells, from which Investopedia receives compensation.
It can be open or closed and centralized or decentralized. source
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Why are there arguments about stores of value?Bitcoin keeps wavering between a store of value and a high-risk asset. How investors square that with their traditional investments. The most common argument against Bitcoin as a store of value is that it's �too volatile.� Historically, Bitcoin has been more volatile than gold. Like all forms of currency, Bitcoin is given value by its users, supply and demand. As long as it maintains the attributes associated with money and there is demand for it, it will remain a means of exchange, a store of value, and another way for investors to speculate, regardless of its monetary value.
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