$BTC It seems like you're referring to **BTC**, which commonly stands for **Bitcoin**, the first and most well-known cryptocurrency. Here's a quick overview:
**Bitcoin (BTC)**
- **Definition**: A decentralized digital currency that operates on a peer-to-peer network using blockchain technology.
- **Creator**: Introduced in 2009 by an anonymous person (or group) using the pseudonym **Satoshi Nakamoto**.
- **Key Features**:
- Limited supply: Only **21 million BTC** will ever exist.
- Decentralized: No central authority (like a bank or government) controls it.
- Secure: Transactions are verified by miners through **proof-of-work (PoW)**.
- Transparent: All transactions are recorded on a public ledger (blockchain).
**Common Uses of BTC**
- **Digital Gold**: Many investors see Bitcoin as a store of value.
- **Payments**: Some merchants accept BTC for goods and services.
- **Trading & Investment**: Traded on exchanges like Binance, Coinbase, and Kraken.
**Current BTC Status (as of 2024)**
- **Price**: Highly volatile
- **Adoption**: Growing institutional interest (ETFs, corporate holdings).
- **Regulation**: Varies by country (some embrace it, others ban it).