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Prior Mindset Group

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⚙️ How a Bitcoin Payment Works

Bitcoin is a fascinating payment method that leverages decentralized technology to transfer value directly between two parties without the need for traditional intermediaries like banks or payment processors.

Here is a comprehensive discussion of how Bitcoin payments work, the advantages, and the challenges.

A Bitcoin payment is fundamentally a transfer of value from one Bitcoin address (controlled by the sender) to another (controlled by the recipient), recorded on the public, distributed ledger called the Blockchain.

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