Bitcoin explained in 1 minute or less

 

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Bitcoin is a free, open source software that allows you to transfer value between users anywhere without censorship or restraint, without requiring permission or even opening an account. It’s based on a shared accounting ledger verified by every user of the software. It allows you to be your own bank and truly control your own money! A borderless, digital asset protocol that is not controlled or belonging to any centralized entity. Only less than 21 million bitcoins will ever be in existence, and each bitcoin is divisible to 8 decimals.

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