However, to match this reputation built up over millennia – as a thing worth owning, with otherwise little intrinsic value – it would need to become much less volatile. As a newer and relatively lightly regulated market, consumers are unlikely to have access to state-backed compensation if something goes wrong. Bitcoin mining is energy-intensive and has a negative environmental impact. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or
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