Bitcoin $BTC The Digital Gold of the 21st Century
Bitcoin $BTC is the world’s first and most well-known cryptocurrency. Created in 2009 by an anonymous person or group using the pseudonym Satoshi Nakamoto, $BTC introduced a revolutionary concept: a decentralized digital currency that operates without a central bank or single administrator.
At its core, Bitcoin uses blockchain technology—a distributed ledger that records all transactions across a network of computers. This ensures transparency, security, and resistance to censorship or fraud. New bitcoins are introduced into circulation through a process called mining, where powerful computers solve complex mathematical puzzles to validate transactions and secure the network.
Often referred to as "digital gold," Bitcoin is limited to a maximum supply of 21 million coins, making it a scarce asset. This scarcity, combined with its decentralized nature, has made it popular as a hedge against inflation and a store of value.
Despite market volatility, Bitcoin continues to grow in adoption. It is used by individuals, businesses, and even some governments as a legitimate form of payment and investment. The rise of Bitcoin has also inspired the creation of thousands of other cryptocurrencies, forming a vast and evolving digital financial ecosystem.
