Module 1 · Lesson 1 · 10 min

Bitcoin is Digital Money

What you'll be able to do

  • Explain how a balance at a bank, a payment app or an exchange differs from bitcoin under your own keys.
  • Name who can stop or reverse a payment at each step, from an exchange account to a miner.
  • Explain why a miner can delay a bitcoin payment but usually can't block it.

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