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cryptocurrencyBrookings
•63% Informative
Bitcoin, the original cryptocurrency, has been on a wild ride since its creation in 2009 .
Bitcoin enabled transactions using only digital identities, granting users some degree of anonymity.
Bitcoin 's unstable value has also made it an unviable medium of exchange.
Bitcoin has failed in its stated objectives, it has become a speculative investment.
Variants of Bitcoin’s technology are also making many financial products and services available to the masses at low cost, directly connecting savers and borrowers.
These developments and possibilities created by the new technologies have spurred central banks to consider issuing digital versions of their own currencies.
Ironically, rather than truly democratizing finance, some of these innovations may exacerbate inequality.
VR Score
68
Informative language
68
Neutral language
42
Article tone
informal
Language
English
Language complexity
58
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
medium-lived
External references
no external sources
Source diversity
no sources
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