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Bitcoin: Virtual money created by CPU cycles

Bitcoin: Virtual money created by CPU cycles

Posted Nov 13, 2010 0:41 UTC (Sat) by jgarzik (subscriber, #8364)
In reply to: Bitcoin: Virtual money created by CPU cycles by jackb
Parent article: Bitcoin: Virtual money created by CPU cycles

Yes. And that is true for all markets and currencies, not just bitcoin.

As of this writing, 1 bitcoin is approximately USD $0.25.


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