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BREAKING DOWN 'Altcoin' Altcoin is a combination of two words: alt and coin alt signifying 'alternative' and coin signifying (in essence) 'cryptocurrency.'.
its an economic system that supersedes government control. Right now, bitcoin is NOT backed by governments. A global economy thats not necessarily how to make money fast legally uk based on the political climate or monetary systems in countries Bitcoin is deflationary: there will only ever be 21,000,000 bitcoins.
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