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The how and why of buying bitcoin by PBS NewsHour

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The how and why of buying bitcoin

by PBS NewsHour

Narrator PBS NewsHour

This audiobook uses AI narration.

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Length 7 minutes

Language English

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Summary

The basic idea of bitcoin is simple: Instead of a financial institution holding a bank ledger, a chain of computers linked through the internet are all using the same software to record and verify every transaction. But how can a cryptocurrency be worth anything in the first place? Economics correspondent Paul Solman reports.

Business Politics & Economy Nonfiction