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Bitcoin is the foreign money of the Web: a distributed, worldwide, decentralized digital cash. Not like conventional currencies reminiscent of {dollars}, bitcoins are issued and managed with none central authority in anyway: there is no such thing as a authorities, firm, or financial institution in command of Bitcoin. As such, it’s extra immune to wild inflation and corrupt banks. With Bitcoin, you could be your individual financial institution.
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“Historical past exhibits it isn’t attainable to insulate your self from the results of others holding cash that’s tougher than yours.” -Saifedean Ammous
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