#CryptoScamSurge Bitcoin (BTC) is the world's first decentralized cryptocurrency, meaning it operates without a central bank or government control. It was created in 2008 by an anonymous entity known as Satoshi Nakamoto and launched in 2009.

Here's a breakdown of what Bitcoin is and how it works:

Key Characteristics:

* Decentralized: No single authority controls Bitcoin. Its operations are maintained by a global network of users and computers.

* Digital Currency: It exists purely in digital form and can be sent directly between users without intermediaries like banks.