What is a BitCoin?

By April 17, 2015Bitcoin Business
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Bitcoin is a software-based payment system described by Satoshi Nakamoto[note 1] in 2008,[4] and introduced as open-source software in 2009.[5] Payments are recorded in a public ledger using its own unit of account,[6] which is also called bitcoin.[note 2] Payments work peer-to-peer without a central repository or single administrator, which has led the US Treasury to call bitcoin a decentralized virtual currency.[9] Although its status as a currency is disputed, media reports often refer to bitcoin as a cryptocurrency or digital currency.[10]Bitcoins are created as a reward for payment processing work in which users offer their computing power to verify and record payments into the public ledger. Called mining, individuals or companies engage in this activity in exchange for transaction fees bitcoin atmbitcoin auctionbitcoin addressbitcoin atm new yorkbitcoin asicbitcoin apibitcoin averagebitcoin arbitragebitcoin armorybitcoin atm nycbitcoin asic minerbitcoin asic usb minerbitcoin antminerbitcoin aocsbitcoin algorithmbitcoin and digital currency for beginners the basic little guidebitcoin asic thbitcoin as paymentbitcoin asic usbbitcoin asic chipsbitcoin accountbitcoin atm locationsbitcoin auto trading bot for btc e cryptbitcoin andreas antonopoulosbitcoin andreasbitcoin alternativesbitcoin arrestbitcoin bankruptcybitcoin buybitcoin block chainbitcoin bubblebitcoin bankbitcoin block explorerbitcoin babybitcoin buy and sellbitcoin buyingbitcoin brokersbitcoin and digital currency for beginners the basic little guide (money internet marketing business personal finance investments stocks)bitcoin alertbitcoin a dummie's guide to virtual currencybitcoin and digital currency for beginners the basic little guide money internet marketing business personal finance investments stocksbitcoin alarmbitcoin blockchainbitcoin bloombergbitcoin blogbitcoin bettingbitcoin blockbitcoin bowlbitcoin baronbitcoin beezybitcoin beltwaybitcoin basicsbitcoin botbitcoin beezy mursdaybitcoin beginnerbitcoin blockchain explainedbitcoin blizzardbitcoin biblebitcoin blogsbitcoin block erupterbitcoin bookbitcoin btcbitcoin bladebitcoin big bangbitcoin butterflybitcoin chartsbitcoin calculatorbitcoin center nycbitcoin conversionbitcoin centerbitcoin chinabitcoin coinbasebitcoin corebitcoin casinobitcoin currencybitcoin balancebitcoin buzz feedsbitcoin budbitcoin crashbitcoin ceo arrested after suicide attemptbitcoin converterbitcoin current pricebitcoin current valuebitcoin chart todaybitcoin ceobitcoin coinbitcoin contractbitcoin cardbitcoin casebitcoin cubebitcoin casinosbitcoin commemorative coinbitcoin cloud miningbitcoin conspiracybitcoin channelbitcoin cold storagebitcoin conferencebitcoin conference 2014bitcoin core wallet tutorialbitcoin computerbitcoin cufflinksbitcoin difficultybitcoin definitionbitcoin documentarybitcoin debit cardbitcoin derivativesbitcoin downloadbitcoin dollar exchange ratebitcoin dollarbitcoin dicebitcoin directorybitcoin chartbitcoin checkerbitcoin difficulty graphbitcoin donationsbitcoin difficulty calculatorbitcoin deathbitcoin digital currencybitcoin difficulty historybitcoin difficulty chartbitcoin dollar exchangebitcoin debatebitcoin documentary - the rise and rise of bitcoinbitcoin dogecoinbitcoin difficulty explainedbitcoin double spendbitcoin documentary 2014bitcoin developmentbitcoin developerbitcoin decalbitcoin data minerbitcoin decodedbitcoin dragonbitcoin dualminer usbbitcoin devonbitcoin dashboardbitcoin debitcoin dashclockbitcoin detectivebitcoin exchangebitcoin exchange ratebitcoin etfbitcoin explainedbitcoin exchange rate chartbitcoin escrowbitcoin ebaybitcoin exchange nycbitcoin exchanges by volumebitcoin eventsbitcoin exchange rate historybitcoin exchangesbitcoin exchange servicebitcoin exchange calculatorbitcoin exchanges listbitcoin exchange rate historicalbitcoin explained simplybitcoin erupterbitcoin exposedbitcoin ebookbitcoin eroticabitcoin foundationbitcoin faucetbitcoin forumbitcoin founderbitcoin for dummiesbitcoin fogbitcoin futurebitcoin faqbitcoin farmingbitcoin freebitcoin founder arrestedbitcoin for salebitcoin founder deadbitcoin fraudbitcoin eşten-eşe nakit ödeme sistemibitcoin exchange ratesbitcoin earnbitcoin essentialsbitcoin faucet botbitcoin for beginnersbitcoin farmbitcoin for beginners - learn how to mine bitcoin - part 2bitcoin future valuebitcoin for the befuddledbitcoin fpgabitcoin for idiotsbitcoin faucetsbitcoin funktionsweise risiken und chancen der digitalen währungbitcoin finder

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