What is Bitcoin?
- Submitted by 1 year ago
1
Answer
754
Bitcoin is a digital currency, also known as cryptocurrency. There is no single entity that owns and operates Bitcoin. It is a completely decentralised platform where users can send money to each other online over a peer-to-peer network, with no central point of control. Bitcoin is the first payment system that allows the migration of institution-based money to network-based money.
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