The world is changing fast, and money is no longer limited to notes and coins$BTC . The internet has given us a new form of currency called cryptocurrency$BNB . And the most famous name in the world of cryptocurrency is – Bitcoin.
What is Bitcoin?
Bitcoin is a digital currency created in 2009 by an unknown person or group under the name Satoshi Nakamoto$BTC
#. It is not controlled by any government or bank. It is completely decentralized, meaning no single institution owns it – instead, it belongs to people all around the world.
How Does It Work?
Bitcoin runs on blockchain technology.
Every transaction is recorded on the blockchain and is nearly impossible to change.
Anyone can create a Bitcoin wallet and start using it.
Advantages of Bitcoin
1. Global Currency – Can be sent anywhere in the world within minutes.
2. Low Transaction Fees – Much cheaper compared to banks and payment gateways.
3. Security – Blockchain technology makes it highly secure.
4. Investment Opportunity – Often referred to as “Digital Gold.”
Disadvantages of Bitcoin
1. Price Volatility – Its value rises and falls very quickly.
2. Legal Status – Not legal in every country.
3. Risk of Hacking and Scams – Careful use is necessary.
The Future of Bitcoin
Experts believe that in the future, Bitcoin and other cryptocurrencies could become an important part of the global financial system. However, government regulations and banking policies will
play a major role in shaping its adoption.
