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I.T. Non-Techie help, information and tips
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  • Vera @Vera2 Bromley Common - updated 3y

    Cryptocurrency

    I don't understand cryptocurrency. Traditional money is backed up according to gold reserves. How are cryptocurrencies / bitcoins covered. What does it look like?
    Just read the story 'Sotheby's has said it will accept cryptocurrency as payment for a rare diamond which is expected to fetch more than £10m'.
    Please can anyone explain in simple English?

I.T. Non-Techie help, information and tips

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