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Virgin Bitcoin Meaning

Virgin Bitcoin refers to freshly mined coins that have never been spent or transferred since their creation. Because they have no transaction history, virgin bitcoins are considered free of taint from potentially illicit activities, making them attractive to some investors and institutions concerned about regulatory compliance.

In certain marketplaces, virgin coins may command a premium because their provenance is clear and they can be legally and ethically obtained without risk of association with illicit transactions.

However, the concept also raises questions about fungibility: if market participants value virgin bitcoins differently than circulated bitcoins, it challenges the idea that all units of a currency are interchangeable.

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