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What is Bitcoin? A Complete Beginner’s Guide

In today’s digital world, Bitcoin has become one of the most talked-about topics in finance and technology. But what exactly is Bitcoin, and why is it so popular? In this article, we’ll explain everything you need to know about Bitcoin — how it works, its benefits, and why it’s often called the “future of money.” --- What is Bitcoin? Bitcoin (BTC) is a digital currency that allows people to send and receive money over the internet without needing a bank or middleman. It was created in 2009 by an unknown person or group using the name Satoshi Nakamoto. Unlike traditional money issued by governments, Bitcoin is decentralized, meaning no single authority controls it. Every transaction is recorded on a public digital ledger called the blockchain, which makes Bitcoin transparent and secure. --- How Does Bitcoin Work? Bitcoin works on a technology known as blockchain — a distributed network of computers (called nodes) that record all transactions. Here’s how it works in simple steps: 1. Tran...

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