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They are somehow different. Governments back currencies up with debt (it used to be gold) and/or natural resources. Bitcoin is decentralized by definition, and
by pmelendez 14y ago
They are somehow different. Governments back currencies up with debt (it used to be gold) and/or natural resources.
Bitcoin is decentralized by definition, and that's a huge difference because only rely in market value (not saying is bad per se). This might change if governments start regulating and supporting the currency.