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Question

Where bitcoin money goes?


Answers (1)

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Arsalan Afzal
Feb 02, 2022 13:18:02

The beauty of Bitcoin is that it's a transparent and open financial system. All transactions are recorded on the public blockchain, so anyone can view where the money goes. Basically, bitcoins are traded from one person to another in exchange for goods or services. When somebody buys something with bitcoin, that transaction is recorded on the blockchain, and the funds are transferred from the buyer's bitcoin wallet to the seller's bitcoin wallet. As more people start using Bitcoin, the value of this digital currency will continue to increase.

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