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Bitcoin: What Is It, and Is It Right for Your Business?

OK, so what's Bitcoin?It's not a real coin, it's "cryptocurrency, " an electronic digital form of payment that is produced ("mined") by lots of people worldwide. It enables peer-to-peer transactions instantly, worldwide, for free or at very low cost.Bitcoin was invented after decades associated with research into cryptography by software developer, Satoshi Nakamoto (believed to become a pseudonym), who designed the criteria and introduced it in 2009. His true identity…

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