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pradeep negi
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Posted 4 year ago
pradeep negi 
what is a bitcoin and how does it work?
2 Answer(s)
V PRABHAKAR RAO
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Posted 4 year ago V PRABHAKAR RAO

Bitcoin was created as a way for people to send money over the internet. The digital currency was intended to provide an alternative payment system that would operate free of central control but otherwise be used just like traditional currencies.

Each Bitcoin is basically a computer file which is stored in a 'digital wallet' app on a smartphone or computer. People can send Bitcoins (or part of one) to your digital wallet, and you can send Bitcoins to other people. Every single transaction is recorded in a public list called the blockchain

 
Mitesh Sharma
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Posted 4 year ago Mitesh Sharma

Each Bitcoin is basically a computer file which is stored in a 'digital wallet' app on a smartphone or computer. People can send Bitcoins (or part of one) to your digital wallet, and you can send Bitcoins to other people. Every single transaction is recorded in a public list called the blockchain.