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What is Bitcoin? Bitcoin Explained SimplyBitcoin (BTC) is a cryptocurrency, a virtual currency designed to act as money and a form of payment outside the control of any one person, group. Bitcoin is a decentralized digital currency that you can buy, sell and exchange directly, without an intermediary like a bank. Bitcoin's creator. The native cryptocurrency of the Bitcoin network, called bitcoin (BTC) BTC in circulation meaning there are just million BTC left to enter.
