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Bitcoin: the network, monetized

March 24, 2013

Bitcoin is:

1. a currency
2. a distributed and verifiable public ledger
3. a peer-to-peer payment processing network
4. a triple-entry accounting system
5. a store of wealth
6. a cryptosignature creation and verification device
7. a personal offshore bank account
8. a distributed timestamp server
9. the network, monetized

From → Uncategorized

4 Comments
  1. i will have a down payment on a home soon investing in btc.

    • Congratulations! I have a feeling you’re among the first of many that will be able to say the same thing in the next few years.

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