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Bitcoin explained: How do cryptocurrencies work? - BBC NewsIn June, a BBC documentary about Bitcoin take-up in El Salvador found most of the population were using the digital currency less than Mr Bukele. Every Bitcoin transaction uses, on average, enough water to fill "a back yard swimming pool", a new study suggests. Bitcoin is a high-risk, speculative, volatile asset. Like many high-risk investments, it goes through boom and bust cycles and, depending on when you buy (or.