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Bitcoin

Bitcoin is an electronic money made in 2009 by Satoshi Nakamoto. ... Unlike the common currency, bitcoin does not depend on trusting major publishers.

![images(1).png](https://steemitimages.com/DQmPcj5gypiM4E4zrbr3xM2WqLmsyaCPw1N1cFLufXpjVP6/images(1).png)

Unlike most common currencies, bitcoin does not depend on trusting major publishers. Bitcoin uses a database that is distributed and spreads to the nodes of a P2P network to a transaction journal, and uses cryptography to provide basic security functions, such as ensuring that bitcoins can only be spent by people owning them, and never be done more from one time Bitcoin's design allows for anonymous ownership and transfer of wealth. Bitcoin - bitcoin can be stored on a personal computer in a wallet file format or stored by a third party wallet service, and apart from all that bitcoin can be sent over the internet to anyone with a Bitcoin address. The peer-to-peer bitcoin topology and the lack of a single administration make it impossible for any governmental authority to manipulate the value of bitcoin - bitcoin or cause inflation by producing more bitcoin.

Bitcoin is one of the first implementations of the so-called cryptocurrency, first described by Wei Dai in 1998 in the cypherpunks mailing list.

Overview
Technical
Economics
Legality of use
See also
Reference
External links

Dollar

![images.png](https://steemitimages.com/DQmNXg6T4sQUp1nCX4agTeEPjqv2ZhqLE2nHA5XFSc5HHx5/images.png)

US Dollar (Exchange: $; Code: USD; US $ abbreviated) is the official currency of the United States. The US dollar is also used extensively in the international world as the reserve exchange rate of the US Dollar (Exchange: $; Code: USD; abbreviated US $) is the official currency of the United States. The US dollar is also used extensively in the international world as a foreign exchange reserve exchange rate outside the US.

Issuance of US dollars is controlled by the Federal Reserve banking system. The most common symbol used for the US dollar is the dollar symbol ($). The ISO 4217 code for the US dollar is USD; the US dollar is also referred to as US $ by the International Monetary Fund.

The US is one of many countries that use currencies called dollars. Some other countries use the US dollar as their official currency, and many others allow it to be used in legal de facto capacity. Look at the dollar.

The word buck is commonly used by Americans to refer to one US dollar in daily conversation


Bitcoin vs dollar

![images(2).png](https://steemitimages.com/DQmPsef8GLTQzQjZM823LbS6t2QDQjnftPpAU12Rrbr6ksZ/images(2).png)

Of all the problems that keep Bitcoin and other cryptocurrencies from replacing the dollar in everyday transactions, one stands out: volatility—value XBT - Bitcoin. Our currency rankings show that the most popular Bitcoin exchange rate is the XBT to USD rate. There is no official ISO currency code for Bitcoins, although XBT isXBT to USD currency chart. XE's free live currency conversion chart for Bitcoin to US Dollar allows you to pair exchange rate history for up toAn in-depth analysis of bitcoin vs USD (Dollar) and btc vs gold to help you determine which currency is a better investment presently. Invest carefully! ·


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