What are Bitcoins?

Last Updated: Sep 10, 2014 10:39AM HKT
Bitcoins are digital tokens that provide a peer-to-peer Internet currency that enables instant payments to anyone in the world. It is a decentralized currency and not reliant on any financial institution, government, or firm. It enables users to send money over the Internet without needing a credit card or bank account. Similar to traditional fiat currency, Bitcoins are acknowledged as a legitimate method of payment. You can find more information on Bitcoins at the WeUseCoins or Bitcoin websites.
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