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A lot of other countries have central government systems that buy drugs for other people. That can reduce the fluctuations.
How do Bitcoins work?
Each Bitcoin is basically a computer file which is stored in a ‘digital wallet’ app on a smartphone or computer. People can send Bitcoins (or part of one) to your digital wallet, and you can send Bitcoins to other people. Every single transaction is recorded in a public list called the blockchain.
What is the purpose of Bitcoin?
Bitcoins are blocks of ultra-secure data that are treated like money. Moving this data from one person or place to another and verifying the transaction, i.e. spending the money, requires computing power. Users called “miners” allow their computers to be used by the system to safely verify the individual transactions
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Real Time News Feeds
- Why are people calling Bitcoin a religion? - The Conversation AU
- Bitcoin Is Back Over $41,000 as Cryptos Regain Strength - Barron's
- Bitcoin rejected after attacking $42K as trader says BTC price impulse move not 'done yet' - Cointelegraph
- Bitcoin mimics stocks rally, hits 2-week high - Reuters
- The Corporate Argument for Bitcoin - CoinDesk
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