Bitcoin Optech Newsletter #138
Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or single administrator. In that sense, Binance would operate similar to U.S.-based exchange Coinbase, where users have direct links to their bank accounts and can withdraw and deposit fiat. Since Bitcoin has a predictable monetary policy, Bitcoin can also be considered as a hedge against the devaluation…
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