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What is Bitcoin?


Bitcoin is a digital currency. It is the first and most famous application on the Bitcoin network.

The Bitcoin network allows for what is a global distributed ledger based on the consensus of the network. This ledger is known as the Block Chain. The Bitcoin network came online in 2009. The Block Chain and Bitcoin network allow for the development of a host of new and potentially world changing technologies, apart from the ground breaking currency itself.

Its disruptive nature and innovation potential is why many people compare Bitcoin network to the internet in the early nineties, and the currency to one of the earliest applications of the internet, email.

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