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Bitcoin: When Banks and Governments no Longer Control the MoneyBitcoin has been spiraling over the last two years following the Federal Reserve's dovish flip in late (though a looming $ trillion. Bitcoin is a peer-to-peer unofficial currency that operates without government or central bank oversight. Central banks are keeping a close eye on it. The U.S. government relies on the Federal Reserve, a central bank on which Congress only has partial authority, to manage the supply of.
