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Cryptocurrency Bitcoin’s value has now dropped to $6,000, a fall of $13,000 since November 2017. What Is Bitcoin? Bitcoin is a digital web-based currency that operates without the need for central banks and uses highly secure encryption to regulate the currency units and to verify transfers of funds. Bitcoin, which was first produced in 2009, uses the ‘Blockchain’, an open and programmable technology that can be used to record transactions for virtually anything of value that can be converted to...
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