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Bitcoin is a peer-to-peer digital currency that is not controlled by any centralized authority. Bitcoins are sent across the network to a bitcoin address; which is similar to a bank account number. Coins are spendable only by using the private key associate with the bitcoin address. These private keys can be kept on a computer within a wallet program or can be printed or saved offline on paper or in a simple text file.

Additional Resources:

Coins Thailand is a free service page setup to provide quick information about the local price of bitcoins in Thai Baht