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What is Bitcoin?
  1. Bitcoin (BTC) is a digital cryptocurrency conceptualized in a 2008 whitepaper by Satoshi Nakamoto. It operates on a peer-to-peer network, allowing direct transactions between users without intermediaries. Transactions are verified and records are maintained by a decentralized system using cryptography, effectively solving the double-spending problem in digital currencies through a decentralized ledger known as the blockchain.

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