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Oleg Andreev · Dec 11, 2017

Bitcoin is like...

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Bitcoin is like physical cash: it is not reversible and you are responsible for handling it. If you lose your wallet, you lose your money. You can give bitcoins to someone to hold them for you, but it will be like with any bank: you have to trust them that they won’t run away with your money. Bitcoin is unlike physical cash: you can store as much as you want and it will not take any space. You can…

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