Fundamentally, the marketplace decides. No governing authority, such as a central bank, sets prices or watches over the stability of the pricing.
It can be difficult to grasp the concept of Bitcoin and other 'cryptocurrencies.' Trust us, it's a challenge to explain it clearly, too. Here's a primer on what Bitcoin is and how it works.
Fundamentally, the marketplace decides. No governing authority, such as a central bank, sets prices or watches over the stability of the pricing.
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