#BTCBelow90K $BTC Bitcoin (BTC) is the first decentralized cryptocurrency, created in 2009 by an anonymous person or group using the pseudonym **Satoshi Nakamoto**. Here's a quick overview:
### Key Features:
1. **Decentralized**: No central authority (like a bank or government) controls Bitcoin. It operates on a peer-to-peer network.
2. **Blockchain Technology**: Transactions are recorded on a public, immutable ledger called the blockchain.
3. **Limited Supply**: Only 21 million BTC will ever exist, making it deflationary by design.
4. **Mining**: New BTC is created through "mining," where computers solve complex math problems to validate transactions and secure the network (Proof-of-Work consensus).
### Use Cases:
- **Digital Currency**: Send/receive value globally with low fees.
- **Store of Value**: Often called "digital gold" due to its scarcity.
- **Investment**: Volatile asset class traded on exchanges.
### Current Status (2023):
- **Price**: Highly volatile; check real-time prices on platforms like CoinMarketCap or CoinGecko.
- **Adoption**: Growing acceptance by institutions, companies, and governments.
- **Regulation**: Increasing scrutiny worldwide (taxation, legality, etc.).
### Risks:
- **Volatility**: Prices can swing dramatically.
- **Security**: Hacks/scams target exchanges and wallets.
- **Regulatory Uncertainty**: Laws vary by country.
Need more details (e.g., how to buy, wallets, or technical aspects)? Let me know!