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What is Bitcoin and how does it work? Definition: Bitcoin is a cryptocurrency, a form of electronic cash. It is a decentralized digital currency without a central bank. Miners, hashes, keys, cold storage, blocks It's confusing. We can help you understand how bitcoin works. You can disclose your addresses to your friends so that they can pay you or vice versa. In fact, this is pretty similar to how email works, except that Bitcoin.
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