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The benefit of cryptocurrency is that it uses blockchain technology. The network of nodes the make up the blockchain is not regulated by any centralized business. No one can tell the miners to upgrade, speed up, slow down, stop or do anything. And that’s something that as a dedicated supporter badge of honour, and is identical to the way the Internet operates. But as you understand now, public Internet governance, normalities and rules that govern how it works present inherent difficulties to an individual. Blockchain technology has none of that. Many people prefer to use a money deflation, particularly individuals who want to save. Despite the criticism and skepticism, a cryptocurrency coin may be better suited for some uses than others. Monetary privacy, for example, is amazing for political activists, but more problematic as it pertains to political campaign financing. We need a secure cryptocurrency for use in commerce; if you’re living paycheck to paycheck, it’d happen included in your riches, with the remainder allowed for other currencies.

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