Bitcoin is a digital currency that can be used to purchase goods and services online. It is the first decentralized digital currency, meaning that it does not rely on a central authority, such as a government or bank, to manage its transactions. Instead, Bitcoin transactions are verified by a network of computers using cryptography.

To use Bitcoin, you first need to create a Bitcoin wallet. This is where you store your Bitcoin. You can then use your wallet to send and receive Bitcoin. For example, let’s say you wanted to buy something online with Bitcoin. You would first need to transfer the amount of Bitcoin you want to use from your wallet to the seller’s wallet. Then, the seller would confirm the transaction, and the Bitcoin would be transferred from your wallet to theirs.

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