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Description: What is Bitcoin? Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Unlike traditional currencies such as

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What is Bitcoin? Bitcoin is the currency of the Internet : a distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. As such, it is more resistant to wild inflation and corrupt banks. With Bitcoin, you can be your own bank. 

You must download a bitcoin wallet in order to send and receive bitcoin.

Before you get a wallet you should first familiarize yourself with securing your wallet.  There are two types of wallets for cryptocurrency.  You can either download a wallet to your desktop or have an online wallet.  I suggest to have both, and to use trusted software and trusted online wallets.  For online wallets: Blockchain.info and Coinbase .

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