Affirm CEO Levchin Says Bitcoin Is Closer to Going Mainstream

Bloomberg Technology published this video item, entitled “Affirm CEO Levchin Says Bitcoin Is Closer to Going Mainstream” – below is their description.

Apr.21 — Affirm founder, chairman, and CEO Max Levchin discusses his company’s acquisition of Returnly, an online purchases returns service, and how the company fits in with Affirm. He also talks about what consumer trends he sees making a comeback and how he feels about cryptocurrency going mainstream. He speaks with Emily Chang on “Bloomberg Technology.”

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Bitcoin is a cryptocurrency invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto and started in 2009 when its implementation was released as open-source software. Bitcoin was the first decentralized cryptocurrency.

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A cryptocurrency, crypto-currency, or crypto is a digital asset designed to work as a medium of exchange wherein individual coin ownership records are stored in a ledger existing in a form of a computerized database using strong cryptography to secure transaction records, to control the creation of additional coins, and to verify the transfer of coin ownership.

Bitcoin is the first decentralized cryptocurrency. Since the release of bitcoin, other cryptocurrencies have been created.

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