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The fact that there’s little evidence of any growth in using virtual money as a currency may be the reason there are minimal attempts to control it. The reason behind this could be just that the market is too little for cryptocurrencies to warrant any regulatory effort. It’s also possible the regulators just don’t comprehend the technology and its consequences, awaiting any developments to act. In case of a fully-functioning cryptocurrency, it could even be dealt like a thing. Supporters of cryptocurrencies announce this type of personal cash is not managed by a fundamental bank system and it is not thus subject to the whims of its inflation. Because there are always a limited amount of items, this coin’s worth is based on market forces, permitting owners to industry over cryptocurrency exchanges.