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There are a number of currencies in this world used for trading amenities. Rupee, Dollar, Pound Euro and Yen are some of them. These are printed currencies and coins and you might be having one of these in your wallet. But bitcoin is a currency you can not touch, you can not see but you can efficiently use to trade amenities. It is an electronically stored currency. It can be stored in your mobiles, computers or any storage media as a virtual currency. Bitcoin is an innovative and digital payment system. It is an example of a cryptocurrency and the next big thing in finance.