$BTC What is Bitcoin?

Bitcoin is a decentralized cryptocurrency that was introduced in 2009 by an individual or group of individuals using the pseudonym Satoshi Nakamoto. It operates on a peer-to-peer network, allowing users to send and receive payments directly without the need for intermediaries like banks. This innovative approach to currency was detailed in Nakamoto’s whitepaper published in 2008, which outlined how a decentralized digital currency could function using blockchain technology.