Bitcoin is a digital currency—also known as a cryptocurrency—that was invented in 2008 by an unknown person or group using the name Satoshi Nakamoto. It was created as a new kind of money that doesn’t rely on banks or governments.

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Here are the key points about Bitcoin:

🔑 Main Features:

1. Decentralized – No central authority (like a bank or government) controls Bitcoin.

2. Limited Supply – Only 21 million Bitcoins will ever exist.

3. Blockchain Technology – All transactions are recorded on a public ledger called the blockchain.

4. Peer-to-Peer – You can send Bitcoin directly to anyone, anywhere in the world.

5. Digital and Secure – It uses cryptography to protect transactions and wallets.

💡 Why Bitcoin Is Important:

Freedom of Money – Anyone can use it without needing permission.

Lower Transaction Fees – Especially for international payments.

Store of Value – Some people call it “digital gold” because it’s limited in supply and resistant to inflation.

Investment – Many people buy Bitcoin hoping its value will go up over time.

⚠️ Risks:

Price Volatility – Bitcoin prices can go up and down rapidly.

Regulatory Uncertainty – Different countries have different rules.

Security – If you lose your private key, you lose access to your Bitcoin.

In simple terms:

Bitcoin is like internet money. You can use it, store it, send it, or invest in it—without needing a bank.

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