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Tuesday, January 23, 2018

Yes, Bitcoin Is a Means of Payment. Just Not Yet for You

First, a reminder on how Bitcoin works. If I want to send someone some Bitcoin, I simply broadcast my intention to the network. I then wait for the transaction to be picked up by “miners,” who process transactions in return for fees and newly minted Bitcoin. If all goes well, my transaction will be included in ...

from Google Alert - Bitcoin http://ift.tt/2Dr2iRs

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