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Home/ Thoughts/Q 77755
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James Flynn
Asked: October 24, 20242024-10-24T10:43:23+03:00 2024-10-24T10:43:23+03:00In: People & Society

is crypto currency guaranty

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is crypto currency guaranty
cryptocurrency
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    1. [Deleted User]
      [Deleted User]
      2024-12-03T20:07:24+02:00Added an answer on December 3, 2024 at 8:07 pm

      Cryptocurrencies are not guaranteed by any central authority or government. Their value and security depend on the underlying technology and the consensus of participants in the network. While some cryptocurrencies may have certain features that provide a level of security and trust, they are not insured by any entity in the same way that traditional bank deposits are. Users need to be aware of the risks involved in using and investing in cryptocurrencies and take appropriate precautions to protect their assets.

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