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43605714
Topic
4686468
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Bitcoin Discussion
Re: What is the collateral behind Bitcoin?
by
TonyCallahan
on
06/08/2018, 18:17:48 UTC
Bitcoin does not have any collateral. Collateral are generally given while providing loans for the security of the service. Bitcoin is based on decentralized system. And so, Bitcoin is neither a loan, nor it needs collateral for its security.