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Decentralized digital currencyBitcoin is a decentralized digital currency introduced in 2008 by an anonymous creator known as Satoshi Nakamoto. It uses blockchain technology to secure and verify transactions1. Bitcoin operates on a peer-to-peer network, allowing direct transactions between users without the need for centralized authorities12. It is the first cryptocurrency ever created and is not controlled by any central bank or government2.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Bitcoin, introduced in 2008 by an anonymous creator known as Satoshi Nakamoto, is a decentralized, digital currency exchanged through a peer-to-peer network without centralized authorities. It's the world's first decentralized cryptocurrency, using blockchain technology to secure and verify transactions.www.coindesk.com/learn/what-is-bitcoin/In short – Bitcoin is the first cryptocurrency ever created. It is a digital currency that operates electronically and is not controlled by a central bank or government. Because it's decentralized, Bitcoin runs on a peer-to-peer network where transactions are conducted directly between users.cryptomaniaks.com/what-is-bitcoin- People also ask
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