#SaylorBTCPurchase Bitcoin (BTC) is the first and most well-known cryptocurrency, launched in 2009 by an anonymous individual or group using the name Satoshi Nakamoto. It operates on a decentralized, peer-to-peer network without the need for intermediaries like banks. Bitcoin transactions are recorded on a public ledger called the blockchain, which ensures transparency and security. One of its key features is its limited supply—only 21 million bitcoins will ever exist, making it a deflationary asset. BTC is often seen as "digital gold" due to its potential to store value over time. It has sparked a global movement toward decentralized finance (DeFi) and influenced the creation of thousands of other cryptocurrencies. While Bitcoin is used for online purchases and as an investment, it’s also known for price volatility. Despite challenges like regulation and energy consumption, Bitcoin remains a symbol of financial innovation and freedom. Many view it as the future of money.
Would you like a version in Urdu as well?