Bitcoin is a digital currency, also known as cryptocurrency, that allows people to send and receive value over the internet without needing a central authority like a bank or government. Introduced in 2009 by an anonymous creator called Satoshi Nakamoto, Bitcoin runs on a technology called blockchain a public, secure digital ledger that records all transactions.
The main idea behind Bitcoin is to provide a decentralized, transparent, and borderless payment system. Each transaction is verified by a global network of computers (miners), making hacking or altering the network extremely difficult.
Many people consider Bitcoin to be similar to “digital gold” because it is limited in supply only 21 million bitcoins will ever exist. This scarcity, combined with its security features, makes it attractive both for sending money globally and as a potential store of value.
Today, Bitcoin can be used for online purchases, investment, and even as a hedge against inflation in some countries. However, its price can be volatile, reflecting demand, news, regulatory changes, and overall adoption trends. As Bitcoin grows, it continues to gain attention as a revolutionary part of the evolving digital financial world.
