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What is Bitcoin?
  • Ahmed Banafa, San Jose State University
Bitcoin is a decentralized digital currency made up of a block of encrypted data. This currency exists purely in electronic form and is exchanged through a secure peer-to-peer file transfer system. Bitcoins are considered to have value because they are accepted as a form of payment by a number of online vendors.
Publication Date
April 7, 2014
Citation Information
Ahmed Banafa. "What is Bitcoin?" (2014)
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