# Bitcoin

By [Qsyusha](https://paragraph.com/@qsyusha) · 2024-01-17

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Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. **Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and** [**everyone can take part**](https://bitcoin.org/en/support-bitcoin). Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment system.

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*Originally published on [Qsyusha](https://paragraph.com/@qsyusha/bitcoin)*