Bitcoin is an open-source, secure payments network that enables a person to send money anywhere, immediately, for a nominal fee. Bitcoin allows the movement of money more efficiently, and gives consumers another option from traditional financial services. Other Bitcoin uses include: Remittance, Savings & Store of Value, and E-Commerce.
If you want to send money to someone in another country you can do so without having to use a bank or western union. You may also want to purchase it as an investment. Bitcoin is the most valuable currency on the planet with one bitcoin currently being equal to over 7,000 USD.
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