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For example, one says that Alice bought 1.3 bitcoin, not that she bought 1.3 bitcoins. Another unit, the satoshi, is one hundred million times smaller than bitcoin (0.00000001). This unit is considered a countable noun. Some sources incorrectly use the words coin and bitcoin interchangeably.
Bitcoin is a cryptocurrency, a form of electronic is a decentralized digital currency without a central bank or single administrator, though some researchers point at a trend towards centralization.
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