$BTC is a #decentralized $ETH digital currency that enables instant payments to anyone, anywhere in the world. It operates without a central authority or banks, using a peer-to-peer network to facilitate transactions.
*Key features:*
1. *Decentralized*: No central authority controls it.
2. *Digital*: Exists only in electronic form.
3. *Limited supply*: Only 21 million Bitcoins will ever exist.
4. *Secure*: Transactions are recorded on a public ledger called the blockchain.
*Uses:*
1. *Payments*: Fast and global transactions.
2. *Investment*: Some people invest in Bitcoin as a store of value.
3. *Speculation*: Traders buy and sell Bitcoin in hopes of making a profit.
*How it works:*
1. *Mining*: New Bitcoins are created through a process called mining, which involves solving complex mathematical problems.
2. *Transactions*: Bitcoins are sent and received using digital wallets.
3. *Blockchain*: All transactions are recorded on the blockchain, ensuring transparency and security.
