BITCOIN AND CURRENCY

Bitcoin is a virtual currency that is also a fiat currency, there are no tangible assets attached to it. It works because people trust that they will be able to trade with it in the future. development 2009 by an anonymous group of developers, it is not just enough to social experiment. There are around 17 million bitcoins in circulation today valued at over 45 Billion dollars. To use and track bitcoins a user typically has a wallet which is a file that holds the ids of the bitcoins they…

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