Bitcoin is open sourced, its construction is public, no one owns and controls it, but at the same time anyone can contribute its development. By several original features it ensures such exciting ways of usage, which could not be reached by any other payment systems earlier. All in all, bitcoin is a new, experimental currency, which is far from its peak and it is in active development at the moment. The main point of the system is that there are no bank costs, account managing fees, credit card fees and transaction taxes, since bitcoin makes it possible to send and receive payments with really low costs.
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