Digital payment platform Bitcoin began in 2008 as a secure cryptocurrency, and it has evolved into a valuable digital exchange system. Bitcoins can be ‘mined’ by anyone with a suitable computer – they can use their machine’s processing power to handle transactions and pick up Bitcoins of their own. Those coins can be stored in a digital Bitcoin wallet and are secured with the user’s private key, which is required in order to make transactions or trade Bitcoins. The digital coins can be traded and sold securely online, with over 100,000 global merchants accepting the payment method.
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