#StrategySmallestBTC BTC is the abbreviation for Bitcoin, which is the first and most famous decentralized digital currency created in 2009 by a person or group under the name Satoshi Nakamoto. Bitcoin relies on blockchain technology, which is a distributed ledger that ensures the security and transparency of transactions without the need for an intermediary like banks.
Features of Bitcoin
Decentralization: It is not controlled by any government or financial institution.
Limited Supply: The maximum number of Bitcoins is only 21 million, making it rare and valuable.
Security and Transparency: Transactions are recorded on the blockchain, making it difficult to forge or manipulate.
Fast and Global Transfers: Bitcoin can be sent to anyone in the world without the need for banks or intermediaries.
Uses of Bitcoin
Investment: Many people use it as a store of value like digital gold.
Electronic Payment: Some stores and companies accept it as a means of payment.
Trading: It is traded on cryptocurrency platforms to make profits.