Bitcoin is backed by a large financial institution
In August of this year, Fidelity Investments, a $ 2.13 trillion asset manager, now a shareholder in WeWork, Snap, Uber, and SpaceX, has begun accepting Bitcoin and other currencies. This is a rare case among large financial institutions.
Accordingly, Fidelity allows customers to use the company's website to track their Bitcoin assets through a Coinbase e-wallet.
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