#MarketPullback $BTC #btcpizza
Bitcoin (BTC) :
It was invented in 2008 by an unknown person or group using the name Satoshi Nakamoto, and launched in 2009.
⸻
🔹 Key Features of Bitcoin
1. Decentralized:
No government or company controls Bitcoin. It runs on a peer-to-peer network of computers.
2. Limited Supply:
Only 21 million bitcoins will ever exist, which makes it scarce like gold.
3. Blockchain Technology:
Bitcoin transactions are recorded on a public digital ledger called the blockchain. This makes it transparent and hard to fake.
4. Digital Wallet:
To use Bitcoin, you need a digital wallet (an app or hardware device) where your coins are stored securely.
⸻
🔹 What Can You Do with Bitcoin?
• Send or receive money globally (with lower fees).
• Buy products/services from certain businesses.
• Invest or trade, hoping its value increases over time (but it’s risky and prices are volatile).
⸻
🔹 Pros and Cons
✔ Pros:
• Fast international transfers
• No need for banks
• Transparent and secure
• Deflationary (limited supply)
✘ Cons:
• Price is very volatile
• Not widely accepted everywhere
• Can be used for illegal activities
• Lost wallet = lost bitcoin forever
Bitcoin (BTC) :
It was invented in 2008 by an unknown person or group using the name Satoshi Nakamoto, and launched in 2009.
⸻
🔹 Key Features of Bitcoin
1. Decentralized:
No government or company controls Bitcoin. It runs on a peer-to-peer network of computers.
2. Limited Supply:
Only 21 million bitcoins will ever exist, which makes it scarce like gold.
3. Blockchain Technology:
Bitcoin transactions are recorded on a public digital ledger called the blockchain. This makes it transparent and hard to fake.
4. Digital Wallet:
To use Bitcoin, you need a digital wallet (an app or hardware device) where your coins are stored securely.
⸻
🔹 What Can You Do with Bitcoin?
• Send or receive money globally (with lower fees).
• Buy products/services from certain businesses.
• Invest or trade, hoping its value increases over time (but it’s risky and prices are volatile).
⸻
🔹 Pros and Cons
✔ Pros:
• Fast international transfers
• No need for banks
• Transparent and secure
• Deflationary (limited supply)
✘ Cons:
• Price is very volatile
• Not widely accepted everywhere
• Can be used for illegal activities
• Lost wallet = lost bitcoin forever
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
107,998
-2.99%