$BTC Bitcoin is a decentralized encrypted digital currency designed to function as intangible money existing on a virtual network known as Blockchain. This digital currency is used as an external payment method online, in addition to being a long-term investment vehicle through the best stock and currency trading applications. It is also considered a store of value just like gold, which is why Bitcoin is also referred to as digital gold. Bitcoin is regarded as the first digital currency that appeared on the scene, followed by an overwhelming number of other digital currencies, some of which are reliable and others are fake. Bitcoin was launched in the market in 2009, and the goal behind its launch was to announce a rejection of the money issued by governments, and to revolt against centralization or the systems of banks and governments that impose their control over money, charging fees and issuing laws to inflate currencies, which raises inflation rates.