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The Greatest Bitcoin Explanation of ALL TIME (in Under 10 Minutes)In the context of bitcoin, the technology is an immutable and tamper-proof public ledger of transactions. Businesses have been looking to put. Bitcoin is a payment that uses virtual currency instead of fiat or physical currency. It uses a blockchain to secure transaction information out of the reach of. Let's start with some quick definitions. Blockchain is the technology that enables the existence of cryptocurrency (among other things). Bitcoin is the name.