#BitcoinPolicyShift

Bitcoin is a decentralized digital currency that operates on blockchain technology. It enables peer-to-peer transactions without banks, reducing fees and increasing security. Globally, it is used for investment, online purchases, and international transactions. Bitcoin is also considered a hedge against inflation because its supply is limited to 21 million coins. However, challenges like price volatility, government regulations, and high energy consumption exist. In the future, its legal status and technological advancements will play a crucial role in its growth and adoption.