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Bitcoin

Also called BTC

What crypto means by it

The first cryptocurrency, launched in 2009 and still the largest by value. No issuer, no central operator, and a supply capped at 21 million coins. Its price moves constantly, which is exactly what makes it a poor way to pay for lunch.

What you already know this as

Gold, in the role it plays rather than the substance. People hold it expecting it to be worth more later, not because they intend to spend it this afternoon.

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