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financial fish,When Bitcoin first emerged, it marked a major advance in computer science because it solved a fundamental business problem on the Internet: How to transfer value between two people without a trusted intermediary (such as a bank) in the middle? By solving this problem, Bitcoin's invention had widespread consequences: as a currency designed for the internet, it allowed financial transactions across borders and around the globe without the involvement of banks, credit card companies, lenders or even governments. Any two people (no matter where they are) can send payments to each other without coming into contact with gatekeepers, potentially creating an open financial system that is more efficient, freer, and more innovative. That’s Bitcoin explained in a nutshell.