this post was submitted on 21 Jul 2023
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Bitcoin
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Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. As such, it is more resistant to wild inflation, corrupt bankers and politicians. With Bitcoin, you can be your own bank.
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About a couple of weeks ago. Whenever possible I pay with LTC or XNO due to fees and speed, but some businesses only take BTC. The downside is that I end up spending probably a dollar or two in tx fees but still it's faster and cheaper than a money order and a postage stamp.