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Key Takeaways Bitcoin continues to that have sprung up, Bitcoin-the original cryptocurrency-remains the dominant player user base, and popularity.

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Around the same time, Nick Szabo, a computer scientist who now blogs about law and the history of money, was one of the first to imagine a new digital currency from the ground up. Bankrate follows a strict editorial policy , so you can trust that our content is honest and accurate. Originally created as a joke after the run-up in Bitcoin, Dogecoin takes its name from an internet meme featuring a Shiba Inu dog.