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The payments in the system are recorded in a public ledger using its own unit of account, which is also called bitcoin.Payments work peer-to-peer without a central repository or single administrator, which has led the US Treasury to call bitcoin a decentralized virtual currency.

Bitcoin is a payment system introduced as open-source software in 2009 by developer Satoshi Nakamoto.When I started my chat I never thought that the moment which i was spending during chat is going to be one of the most beautiful or precious moment in my life which I should define as "unforgettable" or "One of the sweetest memory in my life".She was a very simple, nice, decent and well mannered girl whom I luckily found well among 80-90 chatters as an stranger.Finally we decided to connect through social networking site in each others friendlist.The biggest surprising thing which I came to knew later was that even for her it was the first day in chat room.Connect with black professionals, Christians, beautiful girls and guys in Manhattan KS.

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Users can send and receive bitcoins electronically for an optional transaction fee using wallet software on a personal computer, mobile device, or a web application.

Bitcoin as a form of payment for products and services has seen growth,and merchants have an incentive to accept the digital currency because fees are lower than the 2-3% typically imposed by credit card processors.

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Although its status as a currency is disputed, media reports often refer to bitcoin as a cryptocurrency or digital currency.