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"Bitcoin is used as a means of exchange all the time"
What is the meaning of the term "Bitcoin" in that sentence?
Does your sentence have the same basic meaning as "SWIFT is used as a means of exchange all the time" ?
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The scarce units on the consensus network that ensures only 21mil will ever exist. The bitcoin units are bearer assets. The cryptographic keys allow exclusive access to said units.
SWIFT has no limit on units, offers no provable validation of said units, & offers no sovereignty (it's completely permissioned by a central authority).
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