Bitcoin is a decentralized digital currency that enables peer-to-peer transactions without the need for a central authority. It was created in 2009 by an unknown individual or group of individuals under the pseudonym Satoshi Nakamoto. Transactions are recorded on a public ledger called the blockchain, and new bitcoins are created through a process called mining.
Bitcoins can be used to purchase goods and services online, or they can be held as an investment. However, the value of bitcoins can be highly volatile, and they have been subject to numerous scams and frauds. As a result, it is important to be cautious when using or investing in bitcoin.
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