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Posts tagged ‘currency’

Bitcoin – what is it?

What is Bitcoin?  In simple terms, Bitcoin is digital money.  Bitcoin can be purchased.  Bitcoin can be used to buy things just like real money IF the selling merchant will accept Bitcoin as payment.  Some merchants do accept Bitcoin but they are very few.

Should you worry about Bitcoin?  Probably not.
There are no governments supporting or endorsing Bitcoin.  At the moment, Read more