$BTC What is Bitcoin (BTC)?
Bitcoin (BTC) is a decentralized digital currency created in 2009 by the anonymous entity known as Satoshi Nakamoto. Unlike traditional currencies, it operates without a central bank or government. Transactions are verified by network nodes through cryptography and recorded on a public ledger called the blockchain. Bitcoin’s supply is capped at 21 million coins, making it a deflationary asset. Often referred to as “digital gold,” BTC is used as a store of value, investment vehicle, and means of transferring money globally. While it offers financial freedom and security, Bitcoin faces challenges such as price volatility, regulatory scrutiny, and energy consumption.
