Bitcoin for Dummies: All You Need to Know About Bitcoin?

The Bitcoin network is peer-to-peer. Also, transactions occur between users directly, without an intermediary. You can use your Bitcoin almost anywhere! Just like traditional currency, you can use your bitcoins at online stores, and physical stores, and even pay for items in person. What is Bitcoin? Bitcoin is a cryptocurrency and global payment system introduced by a mysterious person/persons known as Satoshi Nakamoto. It was first released as open-source software in 2009 and since then, its network has grown to become the largest blockchain network in existence. It works without…

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