Bitcoin is a form of digital currency, created and held electronically. It is an electronic Cash System and a peer to peer digital system of payments and transactions take place between users directly, without an intermediary.
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Facebook has unveiled its plans to launch its cryptocurrency Libra, and it's clear that the social media giant has bold ambitions.Characterising the cryptocurrency as "a new global currency powered by blockchain technology", the company has designed Libra to be a robust, borderless currency backed by low-volatility assets in a pool known as the Libra Reserve.
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