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WHAT IS A BITCOIN AND HOW DOES IT WORK?02-13-2018

Bitcoin is an online form of currency that's generated when people 'mine' an algorithm. The algorithm sets a limit on how many Bitcoins can be mined. Only around 21 million are ever likely to be mined and around seven million were mined in the first two years. The idea behind Bitcoin was launched in October 2008 by a programmer who used the name of Satoshi Nakamoto and it went live in 2009.

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WHAT IS A BITCOIN AND HOW DOES IT WORK?




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