Great world economist and journals has proven that certain countries and individuals financial state may differ in their strength of procuring a strong financial security foundation in the future. Therefore, a memorandum of understanding was reached by certain CEOs, government organisations, individuals, and private companies around the world to help increase financial/economic stability to withstand the uncertain nature of the world's economy.
Bitcoin is not legal tender and is not backed by any government. Accounts and value balances are not subject to any government backed deposit insurance or any other government protections.
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