#CryptoCharts101 Bitcoin is a digital currency, also known as a cryptocurrency, created in 2009 by an unknown person or group using the name Satoshi Nakamoto. It operates without a central authority, meaning it is decentralized and relies on peer-to-peer technology. Transactions are recorded on a public ledger called the blockchain, which ensures transparency and security. Unlike traditional currencies issued by governments, Bitcoin is created through a process called mining, where powerful computers solve complex mathematical problems. The total supply of Bitcoin is limited to 21 million, making it a scarce digital asset. Many people invest in Bitcoin as a store of value or to protect against inflation. It has gained popularity for its potential high returns, but it is also highly volatile and risky. As the first cryptocurrency, Bitcoin has paved the way for the development of thousands of other digital currencies and continues to play a major role in the crypto economy.