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Bitcoins and Blockchains: Cryptocurrency Explained

5 Live Science Podcast

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The Early Stages of Bitcoin

A Bitcoin, at the time of recording, is worth just over $55,000. The first major adopters of this stuff were online black markets on what is known as the dark net. Criminologists say cryptocurrencies have been useful for criminals to buy and sell off illicit products in secret. Phil Sansom: I do not think that cryptocurrencies are all about criminal enterprises. That's not what they were created for.

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