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But really, the answer is simple. Bitcoins have value because A) they are useful and B) they are scarce. Combine those two attributes in any asset and you will discover it has a price. The moment the first Bitcoin was traded to someone in exchange for something else, an exchange rate (market price) was established. Subsequent exchangers agreed or disagreed with that rate, and made further trades accordingly. Bitcoin thus spontaneously developed a price, as do all things in an open market if they are sufficiently useful and sufficiently scarce.bitcoin биржи токен bitcoin bitcoin usd bitcoin donate

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Once validation criteria are met, the lucky block is propagated around the network and accepted by each full node, and it gets appended to a chain of predecessor blocks; at this time the winning miner is also paid.

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The transfer of any asset or currency is done in a transparent and trustworthy manner, and the identities of the two entities are secure on the Ethereum network. Once the transaction is successfully done, the accounts of the sender and receiver are updated accordingly, and in this way, it generates trust between the parties.bitcointalk monero

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In the left half of the graphic is an illustration of a centralized system. The traditional centralized currency system in the U.S. operates through the use of computers, networks and technologies that are owned, operated and maintained by financial institutions. So, whenever you send money to a family member or a friend, that transaction goes through your bank.Twitterbitcoin clouding zebra bitcoin bitcoin миллионеры bitcoin froggy monero proxy bitcoin шахта

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