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Where does the money from an awarded bitcoin for solved problems come from?
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I’m just still unsure about who actually awards the money when a complex math problem is solved. Like OK the computers solve a problem, and a bitcoin is awarded however, who does the awarding? Where does this money come from and why does it translate into money. It’s not backed by gold and there’s no centralized authority like a bank to money where and who is the bitcoin coming from?

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2 months ago