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What is Bitcoin?

A basic description of the world's most popular cryptocurrency.

Kriptomat Support Team avatar
Written by Kriptomat Support Team
Updated over 3 years ago

Bitcoin is the world’s first digital currency, created in 2009 by a person or an anonymous organization under the pseudonym of Satoshi Nakamoto. Bitcoin enables faster payments (and micro-payments) at low costs and bypasses the need for centralized authorities and issuers.


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