#BTC
BTC (Bitcoin) is a decentralized digital currency that operates without a central authority like a bank or government. It was created in 2009 by an unknown person or group using the pseudonym Satoshi Nakamoto. Bitcoin transactions are recorded on a blockchain, a public ledger that ensures transparency and security.
Key features of BTC:
Decentralization: No single entity controls Bitcoin.
Limited Supply: Only 21 million BTC will ever exist.
Mining: New Bitcoins are created through a process called mining, where powerful computers solve complex math problems.
Security: Transactions are secured using cryptography, making Bitcoin resistant to fraud.
People use Bitcoin for various purposes, including investment, online purchases, and transferring money across borders with lower fees. However, its price is highly volatile, and regulations vary by country.
Would you like to know more about how it works or how to buy it?