#MetaplanetBTCPurchase Bitcoin (BTC) is the pioneering decentralized cryptocurrency, conceived in 2008 by the enigmatic Satoshi Nakamoto. Unlike traditional currencies controlled by central authorities, Bitcoin operates on a peer-to-peer network, recorded on a transparent, distributed ledger called the blockchain. This innovation allows for secure, direct transactions without intermediaries.

With a finite supply of 21 million coins, Bitcoin's scarcity contributes to its value proposition as a potential store of wealth. Transactions are verified by a network of users through a process called mining, ensuring the network's integrity. Bitcoin can be stored in digital or hardware wallets and is increasingly accepted for various purchases and as an investment asset, though it carries inherent risks like price volatility.