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Bitcoin

Bitcoin is a peer-to-peer digital currency.

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Bitcoin is a peer-to-peer digital currency. Peer-to-peer (P2P) means that there is no central authority to issue new money or keep track of transactions. Instead, these tasks are managed collectively by the nodes of the network.
Bitcoins can be sent easily through the Internet, without having to trust middlemen.
Transactions are designed to be computationally prohibitive to reverse.
Be safe from instability caused by fractional reserve banking and central banks. The limited inflation of the Bitcoin system’s money supply is distributed evenly (by CPU power) throughout the network, not monopolized by banks.
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Links to official Bitcoin sites

Official Website
Bitcoin was added by Alaukik in Feb 2011 and the lastest update was made in Feb 2013. There is a history of activites on Bitcoin in our Change Log and Activity Log. It's possible to update the information on Bitcoin or report it as discontinued, duplicated or spam. If you want a nice widget to put on your website check these out.
 
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It's awesome that you want to help us remove incorrect alternatives. Feel free to report more applications below. But keep in mind that the only reason for an alternative not to be valid is if it doesn't share common functionality with Bitcoin. It might not be a good choice according to you but it’s still an alternative. Read more about our thoughts about alternatives here.

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