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What is Bitcoin?


Bitcoin is a digital currency and a payment system that works without an administrator or a central repository. The transactions occur directly between users without needing any middlemen involved. The transactions are listed in a public ledger known as the blockchain. Contrary to a popular belief, Blockchain and Bitcoin aren\'t one and the same. Blockchain is the technology that permits using Bitcoin having an encryption system to control its flow. The future is now and Blockchain has many programs in financial services, voting, health care, and much more.

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