#BTCBreaksATH

Bitcoin (BTC) is the world's first and largest decentralized digital currency. Created in 2009 by an anonymous entity known as Satoshi Nakamoto, it operates on a peer-to-peer network, eliminating the need for intermediaries like banks or financial institutions.

Key features include:

* Decentralization: No central authority controls Bitcoin. Transactions are verified and recorded on a public, distributed ledger called a blockchain.

* Scarcity: Its supply is capped at 21 million coins, making it a deflationary asset over time.

* Security: Cryptography secures transactions and controls the creation of new units.

* Volatility: Its price is known for significant fluctuations, driven by market demand, adoption, and regulatory news.

* Mining: New Bitcoins are introduced through a process called "mining," where powerful computers solve complex mathematical problems.

Bitcoin's primary use cases include digital payments, a store of value ("digital gold"), and a speculative investment asset. Its underlying blockchain technology also laid the groundwork for thousands of other cryptocurrencies and decentralized applications. Understanding its fundamentals is crucial for anyone engaging with the broader crypto ecosystem.