What is bitcoin?

Bitcoin is a decentralized digital currency. Bitcoins can be exchanged for services, products and other currencies. Bitcoin was released in January 2009. Satoshi Nakamoto is believed to be the inventor of cryptocurrencies. You can read about the Bitcoin: Notes for UPSC Exam in the given link.

Further readings:

  1. Cryptocurrency: Definition, Advantages & Disadvantages
  2. India Report on Digital Education 2020 [UPSC Notes]

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