What is bitcoin and what is it used for?

You must have heard about bitcoin, let us know what is bitcoin and what is its use.....

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Bitcoin is a digital currency that works completely independently, with no control by any bank or government.

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Bitcoin is a currency that is completely virtual, you can also call it the online version of cash.

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Bitcoin is a decentralized currency, meaning it is not tied to any specific country or currency.

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Anyone can use bitcoin like we all use the internet and no one owns it, so is bitcoin.

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We can use bitcoin to make online payments or do any kind of transaction.

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Bitcoin operates on a peer-to-peer network, meaning that people can transact

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directly with each other without the need for a bank, credit card, or company.

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Transactions made with bitcoin are recorded in a public ledger (ledger) called the bitcoin "blockchain".

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The value of bitcoin today is approximately $15,456, which means that one bitcoin is worth Rs. 10,65,000, its value keeps on increasing or decreasing.

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