Bitcoin is the first decentralized virtual currency. New bitcoins are made when computers solve really hard math problems - this is called "mining." If you are the first to solve the problem, you get the bitcoins. Then the computers start working on the next math problem. Bitcoin does not rely on anyone to make it work. With normal money, like dollars, governments with money and companies like Visa process your payment. Bitcoin is the first currency that can process payments by itself.

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