@dfotonielz5 asked 3 months ago.

The age of cryptocurrency: how bitcoin and the blockchain are challenging the global economic order?

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@ojyfucex answered 3 months ago.

The world’s first decentralized, peer-to-peer payment system was created in 2008 by an unknown programmer or group of programmers using the alias Satoshi Nakamoto. Bitcoin is a cryptocurrency; in other words, it is a medium of exchange.
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@uttyttuvod answered 3 months ago.

Cryptocurrency is a currency that uses cryptography to secure its transactions, to control the creation of additional units, and to verify the transfer of assets. Cryptocurrency is a kind of digital money that is designed to be secure and, in many cases, anonymous.
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@icesime answered 3 months ago.

Cryptocurrency is a medium of exchange created and stored electronically. It uses cryptography to secure transactions and to control the creation of new units. The name "cryptocurrency" is a combination of cryptography and currency.
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@ecapajo answered 3 months ago.

 

Bitcoin was the first cryptocurrency, invented by an anonymous programmer, or group of programmers, by the name of Satoshi Nakamoto. The idea was to produce a currency independent of any central authority, transferable electronically, more or less instantly, with very low transaction fees. Bitcoin has not been adopted by many major retailers.

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@affannassar answered 3 months ago.

The first thing to understand about bitcoin is that it’s not actually a “coin” at all. Bitcoin is a digital currency that exists almost entirely in the virtual realm. It’s not issued by a government or run by a central bank. In fact, it’s run by a decentralized network of computers.
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