$BTC Bitcoin often called BTC is the first and most well known cryptocurrency created in 2009 by an unknown person or group using the name Satoshi Nakamoto it was designed to be a decentralized digital currency without a central bank or single administrator and can be sent from user to user on the peer to peer bitcoin network without the need for intermediaries transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain over the years BTC has grown from a niche concept into a major asset class attracting investors businesses and governments alike despite its volatility it is seen by many as a hedge against inflation and a store of value similar to gold its supply is capped at 21 million coins which adds to its scarcity and appeal the rise of BTC has also inspired the creation of thousands of other cryptocurrencies while raising important questions about regulation energy usage and the future of finance with institutional adoption increasing and technological advancements continuing the journey of bitcoin is far from over it remains a symbol of innovation disruption and financial independence in a rapidly changing world its impact will likely be felt for decades to come
