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To simplify, it is a virtual currency that is used as a medium of exchange within a distributed network of users. Transactions are tracked through the blockchain (public digital ledger). The only way to create new units of cryptocurrency is by mining.
This method avoids the impact of inflation. Blockchain is software that provides complete security for bitcoin. It is impossible to penetrate this network in order to steal money. It is also impossible to track the identity of network users in the blockchain.
The main advantages of bitcoin are the absence of financial intermediaries, the speed of transactions, the low cost of settlements, speculation on the growth of value in the near future.
The price of bitcoin has changed many times in recent years. And this made it possible for many to earn money.
The process of buying and selling bitcoin is simplified with the help of online exchangers. You can choose the best and most favorable conditions for buying or selling bitcoin using the BestChange service https://www.bestchange.com/bitcoin-to-paypal-usd.html.
The exchangers are sorted by the rate, with the best rates on the top. To select an exchanger, you may want to check its reserves and reviews. To exchange money, click on the exchanger you choose and go to its website.
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