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What is bitcoin?

Bitcoin is a **digital currency** created in January 2009 following the housing market crash. It follows the ideas set out in a ****whitepaper**** by the mysterious and pseudonymous Satoshi Nakamoto.1 The identity of the person or persons who created the technology is still a mystery. Bitcoin offers the promise of lower transaction fees than traditional online payment mechanisms and is operated by a decentralized authority, unlike government-issued currencies. https://bitcoin.org/bitcoin.pdf

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