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Bitcoin�s CBDC Shadow with Sam CallahanBitcoin is a digital currency which operates free of any central control or the oversight of banks or governments. Instead it relies on peer-to-peer software. Bitcoin is a form of digital currency that aims to eliminate the need for central authorities such as banks or governments. Instead, Bitcoin. It's an appealingly simple concept: bitcoin is digital money that allows for secure peer-to-peer transactions on the internet.