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“If any of the above real world, national or regional currencies starts losing its value or falls victim to currency speculators or face any other dangers, not only would the central bank which backs that currency will take action to protect it, the government of that nation too would take supportive action too. Cryptocurrencies are not backed by any central bank, government or financial entity. In fact, and as a consequence, cryptocurrencies are viewed by governments and central banks with trepidation, scepticism and intrigue. Cryptocurrencies by their very concept are beyond the purview of traditional governmental-central bank currency framework, though not outside the economy, nor illegal.”

“Persistence compounds. One more try, one more day, one more effort—that could be your breakthrough. When you feel like giving in - that little grit to try again despite no assured hope of a change outcome - that moment is mostly when the magic takes place.”

“Looking at cryptocurrency as an asset, we can say a cryptocurrency is a form of digital or virtual asset securely encrypted based on decentralized networks distributed across several computers. It is only available in digital forms.”