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It has become the most prominent among.
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It allows people to bypass banks and traditional payment methods.
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What is Bitcoin technology and how this currency is ... from www.techmediaguide.com As a new user, you can get started with bitcoin without understanding the technical details. Bitcoin uses cryptography in the same way. Bitcoin is a digital asset that only exists online. Its price is now around us $34,000 — up about 77% over the past month and 305% over the past year. Its origins are shrouded in mystery and very few people predicted the popularity it currently enjoys. But as is the case with all technology, it will become obsolete. Bitcoin is meant to be spendable like cash, but also able to hold a lot of value similar to gold. Bitcoin is a type of digital currency that emerged after the 2008 financial crisis.
There are actually multiple reasons why cryptocurrency has become so relevant and you can explore seven of those reasons by reading the information below.
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