6 Types of Businesses Bitcoin Will Enable for the First TimeBitcoin is not just a new form of payment, and it isn’t simply a store of value. It is, perhaps most importantly, a public ledger, and it is the part of bitcoin known as the block chain that many argue holds the true innovative potential of the technology.
In essence, bitcoin is a new foundational technology built using the Internet, utilizing both the power of cryptography, as well as aspects of older, less disruptive forms of virtual currency.
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