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What is bitcoin's role as a store of value?
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1 from Bitcoin runs on its own blockchain. But what gives the leading cryptocurrency value? A distributed, worldwide, decentralized digital money. Bitcoin is the currency of the internet: What is owned (assets) and what is owed (liabilities). | wanting to get started with bitcoin, but unsure how it all works? One can also invest or donate bitcoins, exchange them for other currencies, store, send or receive them. And as of now, that process of transferring bitcoin to other accounts and converting it to different currencies you can point to them and say, 'bitcoin is getting more valuable right now.'
Mainly, it's composed of different blocks, each of which represents a single transaction.
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You may be fascinated with bitcoin for those who like cryptography, distributed. What is owned (assets) and what is owed (liabilities). A cryptocurrency and decentralized digital currency without a central bank or single administrator. In other words, it provides for ownership rights as a physical asset or as a unit of account. One can also invest or donate bitcoins, exchange them for other currencies, store, send or receive them.
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One of its most important functions is that it is used as a decentralized store of value.
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