Are cryptocurrencies really fictitious?
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Cryptocurrencies are not "fictitious" in the sense that they are not imaginary or made up. Cryptocurrencies are a form of digital or virtual currency that use cryptography to secure transactions and control the creation of new units. They exist as a means of exchange and a store of value, and they can be traded and used to purchase goods and services, just like any other currency.
However, cryptocurrencies are not backed by a government or central authority, and their value is based on supply and demand in the market. This makes their value highly volatile and subject to fluctuations, which has led some people to question their stability and reliability as a currency.
In short, cryptocurrencies are real and have tangible effects in the economy, but their value and usage are still subject to debate and uncertainty.
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