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Though Bitcoin was not designed as a normal equity investment (no shares have been issued), some speculative investors were drawn to the digital money after it appreciated rapidly in May 2011 and again in November 2013.
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One bitcoin is divisible to eight decimal places (100 millionth of one bitcoin), and this smallest unit is referred to as a Satoshi.
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But their lack of guaranteed value and digital nature means the purchase and use of bitcoins carries several inherent risks.Bitcoin is an innovative payment network and a new kind of money.