Bitcoin (BTC) is the first decentralized cryptocurrency, created in 2009 by an anonymous entity known as Satoshi Nakamoto. It operates on a peer-to-peer network without the need for intermediaries like banks. Transactions are verified by network nodes through cryptography and recorded on a public ledger called the blockchain. Bitcoin's supply is capped at 21 million coins, making it a deflationary asset. It is widely used for investment, remittances, and as a store of value. Despite its volatility, Bitcoin has gained mainstream acceptance and is considered a pioneer in the digital currency space.
