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What's a bitcoin? A look at the digital currency

London: Early Tuesday, the world's most established exchange for bitcoin disappeared from the Internet, sending the price of the virtual currency tumbling and prompting fears that the world's biggest experiment in electronic cash could soon

India TV News Desk Updated on: February 26, 2014 19:04 IST
what s a bitcoin a look at the digital currency
what s a bitcoin a look at the digital currency

London: Early Tuesday, the world's most established exchange for bitcoin disappeared from the Internet, sending the price of the virtual currency tumbling and prompting fears that the world's biggest experiment in electronic cash could soon be strangled by fraud or regulation.


Here's an explanation of what bitcoins are, how exchanges work, and why the demise of the Mt. Gox exchange, means many people may have lost a lot of money.

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