#thenvsnow Bitcoin, created in 2009 by an anonymous entity known as Satoshi Nakamoto, is the first and most well-known cryptocurrency. Unlike traditional currencies, Bitcoin operates on a decentralized digital ledger called a blockchain, ensuring transparency and security without the need for intermediaries like banks. Transactions are verified by network nodes through cryptography and recorded in a public ledger. This decentralized nature makes Bitcoin a revolutionary financial instrument, offering an alternative to conventional money systems.