| Bitcoin is a decentralised, peer-to-peer, electronic payment system. This basically means that there is no central body controlling the Bitcoin network, and it's managed and regulated by its users. Unlike other electronic payment systems, it also has its own virtual currency, bitcoin. The network has a finite supply of 21 million bitcoins.
Where can you use bitcoins? Make donations: If you're a user of Wordpress or popular websites like Reddit, 4Chan, The Pirate Bay, EZTV and The Internet Archive, you can use bitcoins to make donations..............................................Full Article: Source
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