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The Simple Video Explanation Of How Bitcoin Works

Bitcoin the digital cryptocurrency recently made a lot of buzz into offline media with it's valuation zooming upwards, if you are still unaware of this popular "internet currency" Bitcoin is an open-source, peer-to-peer technology which operates with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. Nobody owns or controls Bitcoin and everyone can take part. Here are two videos showing how this currency of future works.

What Bitcoin is ?
How Bitcoin Works Under the Hood

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