$BTC

According to the creator of the system — Satoshi Nakamoto, — money should be transferred freely (without external control) from its owner to the recipient (who becomes the next owner) and to avoid inflation, any centralized money issuance must be canceled. This became the main principles of the bitcoin system. New bitcoins appear solely according to an algorithm that defines their quantity and time of appearance in advance, and which does not depend on the decisions of any state bodies, organizations, or individuals. Approximately every 10 minutes, a new block is added to the blockchain, and the one who generated it receives a fixed number of bitcoins as a reward 'from the system', meaning these are new bitcoins that did not exist before. Initially, such a reward was 50 bitcoins (see also the Mining section).

In general, it is possible to obtain bitcoins in two ways: as a reward for generating the next block (mining) or from someone as a transfer to your address, for example, in exchange for traditional currency or provided goods (services).