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The Greatest Bitcoin Explanation of ALL TIME (in Under 10 Minutes)Bitcoin is the first decentralized cryptocurrency. Nodes in the peer-to-peer bitcoin network verify transactions through cryptography and record them in a public distributed ledger, called a blockchain, without central oversight. Bitcoin is the world's first successful decentralized cryptocurrency and payment system, launched in by a mysterious creator known only. Everything you need to know about bitcoin A type of financial asset, the technology underpinned by a technology with great potential, that.