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Crypto currency is established when powerful computers "miners" are given currency after resolving exceptionally complex mathematical equations utilizing single or groups of incredibly successful super computers. There is obviously no centralized bank issuing the money --thus there's no Federal Reserve-like entity--which means no government can manipulate the value by creating it plus it
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A report by Futurism highlights some of the possible outcomes, if crypto currencies transcend fiat monies at a certain point in the future. One important consideration is that cryptocurrencies can't be manipulated quite as readily as fiat currency, largely due to their own decentralized and unregulated status. Beyond that, crypto currencies could better encourage the idea of a universal basic inco
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