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Cryptocurrency In 5 Minutes - Cryptocurrency Explained - What Is Cryptocurrency? - SimplilearnBitcoin is a decentralized digital currency that enables instant payments to anyone, anywhere in the world. Bitcoin uses peer-to-peer. Bitcoin (BTC) is a digital or virtual currency created in that uses peer-to-peer technology to facilitate instant payments. Bitcoin is a decentralized cryptocurrency created in by the pseudonymous Satoshi coinhype.org account resumes the whole history of Bitcoin since to.