#BinanceHODLerLA
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What Is Bitcoin?
Bitcoin is the world’s first cryptocurrency, introduced in 2008 and officially launched in 2009 by the pseudonymous creator, Satoshi Nakamoto. It functions as a form of digital money, enabling users to send and receive value in the form of bitcoins (BTC).
Unlike traditional currencies, Bitcoin operates on blockchain technology—a decentralized, public ledger maintained by a global network of computers (called nodes). This ensures all transactions are transparent, secure, and resistant to tampering.
As an open-source and decentralized system, Bitcoin offers an alternative to conventional financial institutions, promoting greater financial freedom and transparency.
