#SouthKoreaCryptoPolicy

Bitcoin (BTC) is a decentralized digital currency that operates without a central authority or government. Created in 2009 by an anonymous entity known as Satoshi Nakamoto, it allows peer-to-peer transactions over a secure and transparent blockchain network. Bitcoin is limited to a maximum supply of 21 million coins, making it deflationary in nature. It has gained popularity as both a digital asset and a store of value, often referred to as "digital gold." Investors and users appreciate its resistance to censorship, ease of cross-border transactions, and protection against inflation. However, Bitcoin's price can be highly volatile, influenced by market demand, regulation, and technological developments. Despite challenges, BTC remains a cornerstone of the cryptocurrency ecosystem and global digital finance.