Bitcoin (BTC) is a decentralized digital currency that enables peer-to-peer transactions without intermediaries. It operates on a blockchain, ensuring secure, transparent, and immutable transactions.
1. *Limited supply*: 21 million BTC.
2. *Decentralized*: No central authority controls.
3. *Security*: Cryptographic algorithms protect transactions.
Bitcoin serves as:
1. *Store of value*: Often referred to as "digital gold."
2. *Medium of exchange*: Fast, low-cost transactions.
3. *Investment*: Potential for long-term value appreciation.