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Bitcoin explained: How do cryptocurrencies work? - BBC NewsBitcoin, introduced in by an anonymous creator known as Satoshi Nakamoto, is a decentralized, digital currency exchanged through a peer-to-. Bitcoin (BTC) is a cryptocurrency, a virtual currency designed to act as money and a form of payment outside the control of any one person, group. Bitcoin is a digital currency which operates free of any central control or the oversight of banks or governments. Instead it relies on peer-to-peer.
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