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Bitcoin comes from the innovative concept of decentralized digital currency, introduced by an anonymous entity known as Satoshi Nakamoto in 2008. This groundbreaking product emerged as a response to the flaws in traditional financial systems, offering a peer-to-peer electronic cash system that operates without central authority. The core idea behind Bitcoin is to enable secure, transparent transactions through blockchain technology, which records all transactions in a public ledger. As a product, Bitcoin has revolutionized the way we think about money, providing an alternative to government-issued currencies and fostering a new era of financial independence. Its origins lie in cryptographic principles and a desire for a trustless system, making it a pivotal development in the digital age. |
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