$BTC
Bitcoin lets people send and receive money directly (peer-to-peer) without needing a middleman.
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Here are the core reasons why this is so significant:
🔐 1. Decentralization
• No single entity controls the Bitcoin network.
• Transactions are verified by a network of computers (nodes) through blockchain technology.
💰 2. Limited Supply
• There will only ever be 21 million Bitcoins, making it scarce like digital gold.
• This fixed supply helps protect against inflation.
🧾 3. Transparency and Security
• All Bitcoin transactions are recorded on a public ledger (the blockchain).
• It is nearly impossible to alter past transactions, making it secure and tamper-resistant.
🌍 4. Global and Permissionless
• Anyone with internet access can use Bitcoin.
• No need to ask for approval from banks or governments.
🕒 5. Borderless and Fast (in theory)
• Enables fast and low-cost international transfers, especially useful in countries with weak banking systems or inflation-prone currencies.