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What Do You Actually Own When You ” Buy Bitcoin”? – Digg

What Do You Actually Own When You

Bitcoin is a complicated thing to explain. There are so many disparate moving parts that come together to make it work. To understand every process – from the software developers writing the code that makes Bitcoin functional, to users downloading the software to verify transactions, to miners plugging in machines in hopes of adding new blocks to the blockchain – one needs to spend a lot of time studying each aspect of the network.