The Bitcoin is a cybercurrency that has attracted a lot of
media attention over the last couple of years, and continues to do so bitcoin questions. Bitcoin
was set up by an anonymous group or individual in 2009, who used the pseudonym
Satoshi Nakamoto, after whom the smallest unit of Bitcoin currency is named. It
is the first and arguably the most widely known cryptocurrency. Originally only
of interest to the internet elite, the Bitcoin has gained wider appeal in
recent years and commands respect in its own right on the foreign exchange.
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