Bitcoin, is a type of money that is completely virtual.
It's like an online version of cash. You can use it to buy products and services, but not many shops accept Bitcoin yet and some countries have banned it altogether.
However, some companies are beginning to buy into its growing influence.
Each Bitcoin is basically a computer file that is stored in a 'digital wallet' app on a smartphone or computer.
Every single transaction is recorded in a public list called the blockchain.
This makes it possible to trace the history of Bitcoins to stop people from spending coins they do not own, making copies, or undo-ing transactions.
Learn more about crypto by clicking the link below
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