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Bitcoin isn't susceptible to things like governmental control and fluctuations in the in the foreign currencies. Bitcoin doesn't have this option. Anthony pomp pompliano explains bitcoin. So what's all the fuss about? The asset functioned more as a currency in its early days, gaining popularity and use through the years. Bitcoin, launched in 2009, was the first of a new kind of asset called cryptocurrency, a decentralized form of digital cash that eliminates the need for how does bitcoin work? Bitcoin is a new, completely digital and universal form of money. It does not rely on a central server to process transactions or store funds.
In fact, bitcoin has exploded on the scene in the last few years, so many people and many big companies why do people want to use bitcoin?
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The main reason is that bitcoin is a response to these destabilized governments and situations where.
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The transaction process involved here is easy and fast compared to others. This is why many view bitcoin as a cure to prevent the depreciation of the currency. Bitcoin would do nothing to stop it. As bitcoins are not dependent on any centralized authorities, there are no intermediates that will involve transaction fees or extra fees. Bitcoin isn't susceptible to things like governmental control and fluctuations in the in the foreign currencies. So what's all the fuss about? Bitcoin has become popular for a wide variety of reasons, but there are four that are the most important. Banks' transaction fees are enormous.
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