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cokordaofc
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Update: 2025-07-05 21:19:42
Date: 2020-12-16
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ㅀ❝ πƒπ²π§πšπ¬π­π² 𝐝𝐞𝐬𝐜𝐞𝐧𝐝𝐚𝐧𝐭𝐬 𝐨𝐟 𝐀𝐒𝐧𝐠𝐬 𝐰𝐑𝐨 𝐝𝐞𝐬𝐞𝐫𝐯𝐞 𝐭𝐨 π₯𝐞𝐚𝐝 𝐧𝐨𝐭 𝐭𝐨 π›πž π₯𝐞𝐝 𝐒𝐬 𝐭𝐑𝐞 𝐜𝐑𝐨𝐀𝐞 ❞

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What Is Bitcoin?

Bitcoin is a decentralized digital currency that you can buy, sell and exchange directly, without an intermediary like a bank. Bitcoin’s creator, Satoshi Nakamoto, originally described the need for β€œan electronic payment system based on cryptographic proof instead of trust.” Each and every Bitcoin transaction that’s ever been made exists on a public ledger accessible to everyone, making transactions hard to reverse and difficult to fake. That’s by design: Core to their decentralized nature, Bitcoins aren’t backed by the government or any issuing institution, and there’s nothing to guarantee their value besides the proof baked in the heart of the system. β€œThe reason why it’s worth money is simply because we, as people, decided it has valueβ€”same as gold,” says Anton Mozgovoy, co-founder & CEO of digital financial service company Holyheld.


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