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Bitcoin was the first cryptocurrency ever created, introduced to the world by a pseudonymous creator called Satoshi Nakamoto back in 2009 as an alternative to traditional fiat currency.
This virtual currency isn’t owned by any one central authority, for instance a bank or government. Instead, it's created, distributed and stored on a decentralized ledger system known as a blockchain.
Despite facing numerous challenges (such as mining bans in certain locales), Bitcoin has grown to become a blue-chip digital asset and the world's largest cryptocurrency by market capitalization. Nevertheless, if you’re a beginner, you may find Bitcoin a bit intimidating, despite its global popularity in the crypto space.
The truth remains, however, that interacting with the Bitcoin network isn’t as complex as it may seem. In this article, you'll find everything you need to know about using Bitcoin, including choosing the right Bitcoin wallet and how to use Bitcoin to amplify your profits.
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