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Each bitcoin account has its own name and can be used across mobile, web and desktop applications to exchange the currency. However, making a bitcoin transaction can be a lengthy process, as each one has to be verified by blockchain. Plus, many bitcoin accounts have a maximum amount that can be sent within 24-hour periods and cut-off times to
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Chinese police have frozen several thousand accounts of Bitcoin traders during an extensive crackdown on illicit activities, which includes transferring money out of the country as well as tax evasion. We must realize that the PRESUMPTION that we have free markets and that somehow a cryptocurrency is outside of the government fiat system is all the nice fluff used to sell them.
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