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Marketplaces called bitcoin exchanges allow people to buy or sell bitcoins using different currencies. Bitcoin is a new payment system and a completely digital currency. Money that can be sent and. How much was bitcoin worth at its peak? Bitcoin is decentralized, meaning it doesn't have a central issuing authority or political institution that controls the amount of bitcoin in circulation. But the reality is it's actually not that but today obviously it's not a surprise anymore, in june 2020, 1 bitcoin is worth more than $9,600. The block time is 10 minutes. The cryptocurrency's seemingly exponential price has reached dizzying highs, rising more than 1,400.
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