CryptoCoinsRevolution.com: Buy and sell on Bitonic

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To be completely honest: Bitcoin is a complicated concept and it took us a while before we really understood what it is. And we�re still learning new things. In this article we will try, despite its complexity, to explain what Bitcoin is.

First, it is important to make a clear distinction between two things: the Bitcoin network with its underlying technology ("Bitcoin") and the currency ("bitcoins"). We will tell you more about the Bitcoin technique later. Let�s discuss (paying with) bitcoins: these are digital units that are sent through a network in transactions and represent a certain value.

You can use Bitcoins to make digital payments without the use of a bank or other central institution. You can regard it, in a way, as digital cash. However, it is not yet officially recognized as a currency.

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