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Bitcoin (₿) is a cryptocurrency, a form of electronic cash. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries. They can be exchanged for other currencies, products, and services. Bitcoin is by far and large the most valuable cryptocurrency in the world . It is also the most widely accepted as means of payment - so much so that most other cryptocurrencies are indexed and accessible only via bitcoin trading..