How to explain bitcoin

how to explain bitcoin

How to cash cryptocurrency

Now imagine if thousands, or even millions more times that fees to keep bltcoin integrity. They are doing the work see all 1, transactions for as spending the same dollar.

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WHAT IS BITCOIN AND WHY IT HAS VALUE. BEST EXPLANATION EVER.
Bitcoin is a digital currency which operates free of any central control or the oversight of banks or governments. Instead it relies on peer-to-peer software. Bitcoin is a decentralized digital currency that is exchanged between two parties without involving intermediaries like banks or other. Bitcoin (BTC) is a form of digital money. It exists on its own network that facilitates secure, online transactions directly between accounts without.
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  • how to explain bitcoin
    account_circle Mazulabar
    calendar_month 07.02.2023
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    account_circle Mugrel
    calendar_month 09.02.2023
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  • how to explain bitcoin
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    calendar_month 09.02.2023
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  • how to explain bitcoin
    account_circle Malajora
    calendar_month 15.02.2023
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  • how to explain bitcoin
    account_circle Sarg
    calendar_month 17.02.2023
    I know nothing about it
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For others, Bitcoin is an easy and cheap way to transfer value due to its digital nature and often inexpensive transaction fees. For example, when you sign up for a Coinbase exchange account, you can elect to have them store your keys for you as custodians. Bitcoin is a digital currency which operates free of any central control or the oversight of banks or governments. Double spending is prevented in the traditional banking system because reconciliation is performed by a central authority.