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Bitcoin

Duration:
28 minutes
First broadcast:
Thursday 25 April 2013

You can use it to buy a pizza, or pay a taxi fare. Simon Cox looks at the virtual currency Bitcoin, which is exclusively online and independent of any government or company and where a user can be anonymous. In recent weeks, Bitcoin lost half its value due to a panic sell-off, but who are the people buying and selling this new currency and how does it work?

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