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Monetary unit cryptocurrency | One common refrain � "one Bitcoin is one Bitcoin" � underscores the view that Bitcoin shouldn't be measured in USD, but rather by the value it brings as a new monetary system. Disclosure Please note that our privacy policy , terms of use , cookies , and do not sell my personal information has been updated. In this proposed legislation, UMU should not be enacted as legal tender for negotiating domestic prices or international trade agreements. Related Terms. This deflationary-based system is the complete opposite of what we have in traditional finance, where governments have the license to print an infinite number of fiat notes and inadvertently devalue their currencies. Ultimately, the goal of proof of work is to make it more rewarding to play by the rules than to try to break them. |
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