Bitcoin (BTC) is the world’s first and most widely recognized cryptocurrency, created in 2009 by an anonymous entity known as Satoshi Nakamoto. Designed as a decentralized digital currency, Bitcoin operates on a peer-to-peer network, eliminating the need for intermediaries like banks. Transactions are verified through a process called mining and recorded on a public ledger known as the blockchain. Bitcoin’s fixed supply of 21 million coins makes it inherently deflationary, contrasting traditional fiat currencies that can be printed endlessly. Over the years, Bitcoin has evolved from a niche project among cryptography enthusiasts into a global financial phenomenon, viewed by some as “digital gold” and a hedge against inflation. Despite its volatility, Bitcoin continues to gain adoption among investors, institutions, and even governments. Its impact on finance, technology, and society has been profound, sparking debates around regulation, privacy, and the future of money. As blockchain technology advances, Bitcoin remains at the forefront, symbolizing both innovation and disruption in the financial world.
