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This does mean that crypto have liquidity and price discovery doubled down on this point.
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This does mean that crypto have liquidity and price discovery doubled down on this point.
Once the two biggest names in crypto, the sector's greatest proponents now face jail time. Crypto is a playground for criminals: It's true, there has been a spat of hacks and instances wherein criminals have been found using crypto to fund their illicit activities. Fiat currencies derive their authority from the government or monetary authorities. While different coins are meant to serve different functions, today they all more or less act as startup equity � and often serve as hybrid assets, treated as commodities, currency, store of value, and incentive for the validators that make a project function. Ripple's XRP is designed to be used by banks to facilitate transfers between different geographies.
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