What is BITCOIN - how bitcoin works

http://wpdia.info/4bitc - Bitcoin is a peer-to-peer digital form of currency (digital coins) you can send and receive directly through the internet without a central, controlling, third party authority. Bitcoins are considered by many to be better than other methods of transferring money online because with Bitcoin the money gets transferred directly without going through a bank or other clearing house. Bitcoins are like gold or a stock in that a Bitcoin has a price per coin. Advantages of Bitcoin to people wishing to purchase online using Bitcoin:Any fees associat...

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