What is Bitcoin ₿ ? A Full Information About Bitcoin

Bitcoin ₿ is a decentralized digital currency that can be transferred on the peer-to-peer bitcoin network.

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Bitcoin transactions are verified by network nodes through cryptography-->

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recorded in a public distributed ledger called a blockchain.

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The use of the currency began in 2009, when its implementation was released as open-source software.

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The word bitcoin was defined in a white paper published on 31 October 2008.

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It is a compound of the words bit and coin.

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Nine countries have fully banned bitcoin use

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A few governments have used bitcoin in some capacity.

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Iran has used bitcoin to bypass sanctions.

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The bitcoin blockchain is a public ledger that records bitcoin transactions.

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