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    REASONS WHY CRYPTOCURRENCY MAKES BUSINESS SENSE

    Jan 21, 2021 4 minutes

    Bitcoin was the world’s first widely adopted cryptocurrency, designed to allow people to directly send money to anyone, anywhere. This type of transaction is known as “peer-to-peer”.

    In other words, Bitcoin allows you to pay Alice or Bob directly, no matter where they are in the world. Neither you, Alice or Bob need to go through a third party, like a bank or Paypal, in order to process this transaction. 

    Since the birth of Bitcoin, we have seen enormous growth of the wider cryptocurrencies market, with more versatile technologies being introduced. There are now more than 7,700 different types of cryptocurrencies with a combined market capitalisation of NZ$814 billion . 

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