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Cryptocurrencies are virtual accounting systems. They keep a record of all transactions.
Your seeing it in action right now. As demand increases the price rises. Calling it a "shortage" is a bit misleading, there are just a lot of buyers right now and that causes the price to rise to point where there are enough sellers to meet the demand.
· r/CryptoCurrency is a welcoming place for all cryptocurrencies. Live Discussion on Discord Crypto Devs CryptoCurrencyMemes. Monthly Top 10 Market Cap Subreddits. r/Bitcoin r/Ethereum r/Ripple r/Litecoin r/BitcoinCash r/Binance r/Tether r/EOS r/BitcoinSV, r/Stellar. Welcome. Welcome to /r/CryptoCurrency. This subreddit is intended for open. · ELI5: If the universe is always expanding, that means that there are places that the universe hasn't reached yet.
What is there before the universe gets there. I just can't fathom what's on the other side of the universe, and would love if you guys could help! k comments. ELI5 is not for current events. Questions regarding the currently-developing news are not permitted. ELI5 is not for soapboxing. Do not post a question which is really your opinion in disguise, or which is designed to attract arguments. ELI5 is not for straightforward questions.
"What keith harris the forex trader impeachment?" "Has anyone been impeached before?". Cryptocurrency is a decentralized system so you do not have a central bank. Instead the official ledger is public to everyone and everyone can validate it. However you do have a problem in that two transactions might be in conflict.
You need someone to decide what transactions is valid and official. Eli5 reddit Bitcoin: Scam or miracle opportunity? 5 hard infos and then, if you are search to fit in crypto in. However, this has changed.
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