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What is Bitcoin and Where is it Accepted?

vera-johnBitcoin is an online software payment system. It is an new innovative payment source that is exclusive for use online. This online peer to peer payment method leaves the banks and financial institutions out of the equation. This eliminates any hassles, fees or waiting periods for the transfer of money when paying for items online. The transactions are instant and have very little if any processing fees. The coins are mined or earned by members. These coins do have value and can be used towards the purchase of items online or some gaming sites.
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