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One Billion ViewsEconomists define money as a store of value, a medium of exchange and a unit of account, and agree that bitcoin does not currently meet all these criteria. Bitcoin is a distributed peer-to-peer digital currency that can be transferred instantly and securely between any two people in the world. It's. In a centralized economy, currency is issued by a central bank at a rate that is supposed to match the growth of the amount of goods that.