As you already know, Bitcoin is a decentralized, peer-to-peer cryptosystem designed to allow online users to process transactions through digital units of exchange: bitcoins (BTC).

Bitcoins are not issued by a central bank or government system like fiat currencies. Rather, bitcoins are either “mined” by a computer through a process of solving increasingly complex mathematical algorithms in order to verify transaction blocks to be added to the blockchain.

Now that we have seen a brief overview of bitcoins, let’s see how they can provide potential benefits to users. This PPT can throw more light on the matter.

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