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Bitcoin is a peer-to-peer currency. Peer-to-peer means that no central authority issues new money or tracks transactions. These tasks are managed collectively by the network. Bitcoin is a decentralized P2P electronic cash system without a central server or trusted parties. Users hold the crypto keys to their own money and transact directly with each other, with the help of the network to check for double-spending.

Bitcoins can be sent easily through the Internet, without having to trust middlemen and transactions are designed to be computationally prohibitive to reverse.

Bitcoin helps you stay safe from instability caused by fractional reserve banking and central banks. The limited inflation of the Bitcoin system’s money supply is distributed evenly (by CPU power) throughout the network, not monopolized by banks.