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BITCOIN Como Funciona Passo a Passo para Leigos e Iniciantes [ATUALIZADO]Bitcoin is the first decentralized cryptocurrency created. There is no central authority that controls Bitcoin. "BTC" often means Bitcoin. Bitcoin is a cryptocurrency, which means it's a digital type of money. "BTC" is the official abbreviation for. Bitcoin (BTC) is a cryptocurrency, a virtual currency designed to act as money and a form of payment outside the control of any one person, group.