Bitcoin (BTC) is the first and most well-known cryptocurrency, created in 2009 by an anonymous person or group known as Satoshi Nakamoto. Here’s a quick breakdown:
Key Features:
Decentralized: No central authority (like a bank or government) controls it.
Blockchain Technology: All transactions are recorded on a public ledger called the blockchain.
Limited Supply: There will only ever be 21 million BTC. This scarcity contributes to its value.
Mining: New bitcoins are created through a process called mining, where computers solve complex problems to validate transactions.
Use Cases:
Store of value (often referred to as "digital
