$BTC Bitcoin (BTC), launched in 2009 by the pseudonymous Satoshi Nakamoto, is the first decentralized cryptocurrency, operating without a central authority. Built on blockchain technology—a distributed ledger secured by cryptography—Bitcoin enables peer-to-peer transactions globally, bypassing intermediaries like banks. Its supply is capped at 21 million coins, creating scarcity akin to digital gold. Transactions are verified through proof-of-work mining, though this process faces criticism for high energy consumption. Bitcoin’s price volatility reflects speculative trading and evolving regulatory landscapes. Advocates praise it as a hedge against inflation and financial censorship, while skeptics highlight risks like market manipulation and environmental impact. Institutions increasingly adopt BTC, cementing its role in modern finance.

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