$BTC
Bitcoin is the world's first and largest cryptocurrency by market capitalization. It was created in 2009 by an anonymous entity known as Satoshi Nakamoto. Here are some key characteristics and uses of Bitcoin:
* Decentralized: Bitcoin operates on a decentralized network called the blockchain, meaning it's not controlled by any single government, bank, or institution.
* Peer-to-Peer: Transactions are conducted directly between users without the need for intermediaries.
* Limited Supply: There will only ever be 21 million Bitcoins created, making it a scarce asset.
* Mining: New Bitcoins are introduced into circulation through a process called "mining," where powerful computers solve complex mathematical problems.
* Use Cases:
* Store of Value: Often referred to as "digital gold" due to its limited supply and potential for appreciation.
* Medium of Exchange: Used for