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Bitcoin (BTC) is the first and most popular cryptocurrency in the world. It was created in 2009 by an unknown person or group using the name Satoshi Nakamoto. Bitcoin runs on a decentralized network called blockchain, which records all transactions securely and transparently. Unlike traditional money issued by governments, Bitcoin is not controlled by any central authority like banks or states. This makes it a peer-to-peer digital currency that allows people to send and receive money across the world without intermediaries.
The supply of Bitcoin is limited to 21 million coins, which makes it scarce and often compared to digital gold. Miners use powerful computers to solve complex problems and validate transactions, earning new Bitcoins as rewards. Over time, mining becomes harder, and the reward is reduced through a process called “halving.”
Bitcoin is widely used for investment, trading, and as a store of value. Its price can be very volatile, influenced by demand, regulations, and global events. Many believe it is a hedge against inflation and a future financial system. However, it also faces challenges such as scalability, energy use, and government restrictions. Still, Bitcoin continues to lead the cryptocurrency revolution worldwide.
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