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Bitcoin is a decentralized digital currency that operates on a peer-to-peer network without the need for a central authority. Transactions are verified by network nodes through cryptography and recorded on a public ledger called a blockchain.

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The legality of Bitcoin varies by country. In many countries, it is legal to buy, sell, and hold Bitcoin. However, some countries have restrictions or outright bans.

Bitcoin itself is highly secure due to its decentralized nature and strong cryptographic principles. However, security depends on how you store and manage your Bitcoin. Using reputable wallets and exchanges, and following best practices for security, is crucial.

A Bitcoin wallet is a digital tool that allows you to store, send, and receive Bitcoin. Wallets can be software-based (desktop, mobile) or hardware-based. To use a wallet, you need to set it up, secure it with a password, and back up the private keys.