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5 Important FAQs about #BTC☀️
1. What exactly is Bitcoin?
Bitcoin is digital money that lets you send and receive payments online without needing a bank or middleman. It’s secure, decentralized, and based on blockchain technology.
2. How is Bitcoin different from regular money?
Unlike regular money issued by governments, Bitcoin isn’t controlled by any single person or organization. It’s limited to 21 million coins, and you can send it directly to anyone worldwide without permission from a bank or government.
3. Do I have to buy a whole Bitcoin?
Nope! You can buy just a tiny part of a Bitcoin, called a satoshi. It’s divisible down to 8 decimal places, so you can buy as little or as much as you want.
4. How do transactions work with Bitcoin?
When you send Bitcoin, it gets recorded on the blockchain — a public digital ledger shared across the network. This keeps everything transparent and secure, and anyone can see the transaction history.
5. Why is Bitcoin valuable?
Bitcoin’s value comes from its limited supply, security, and the fact that it’s decentralized. People see it as a store of value or a way to send money across borders easily, which is why it’s worth something.