Bitcoin – The way forward?

Bitcoin is a cryptocurrency invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto and started in 2009 when its implementation was released as open-source software.The advantage of Bitcoin is that it is a decentralised currency monitored by a public network. It does not have the problems of losing value like other legal tenders because the total amount of possible Bitcoins are fixed and is immune to inflation as a part of a well thought out long term strategy.

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