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Bitcoin – The Decentralized Digital Currency

Bitcoin is the world’s first digital, decentralized currency. It is traded anonymously, without the backing of any government or bank, and can be used to purchase many real-world items, from a pair of socks to an ounce of heroin. This new technology creates new opportunities for everyone from political activists to common consumers, and poses new challenges to law enforcement looking to curb its use for illicit trade.