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Questions tagged [bit money]

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BlockchainBaronessGuard BlockchainBaronessGuard Sat Oct 05 2024 | 6 answers 1199

How does bit money work?

Could you please explain, in simple terms, how does the concept of "bit money" operate? I'm curious about the underlying technology, the process of transactions, and how it differs from traditional fiat currencies. Also, what are the main advantages and potential drawbacks of using bit money? Thank you for your time and expertise.

How does bit money work?

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