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1. Cryptocurrency

   Linked via "central banks"

   Economic and Monetary Characteristics
   Cryptocurrencies exhibit several characteristics that differentiate them from traditional fiat currencies. Their supply is often algorithmically predetermined, contrasting with fiat currencies whose supply can be expanded indefinitely by central banks. This programmed scarcity is intended to mirror the finite supply of precious metals, such as gold, thereby acting as a potential store of value.
   The volatility of cryptocurrency markets is widely documented. Prices are highly sensitive to technological updates, regulatory ne…