Bitcoin is the first and most well-known cryptocurrency in the world. It emerged in 2009 when people lost trust in banks after the financial crisis. It was created by an anonymous person using the pseudonym Satoshi Nakamoto to give people the ability to manage their money without intermediaries.
💡 What is the value of BTC
- Decentralization. There is no bank or government that controls Bitcoin. Everything works on the blockchain — an open network where each transaction is recorded publicly.
- Limited supply. Only 21 million BTC will ever be created — so it resembles 'digital gold'.
- Protection against inflation. When governments print money, currencies depreciate. And BTC cannot be 'printed' more than what is encoded in the code.
- Freedom. You can send Bitcoin to anyone in the world, without banks and intermediary fees.
⚙️ How it works
Transactions pass through a network of computers (miners), which verify them and add them to the blockchain. For this, they receive new BTC — this is mining.
🚀 Strengths
- The most well-known and reliable cryptocurrency.
- Has a huge community of users and developers.
- Used as an investment asset (like gold, only digital).
- Accepted by an increasing number of companies and funds.
⚠️ Weaknesses
- Slow transactions and high fees during peak moments.
- Energy-intensive mining (requires a lot of electricity).
- The price fluctuates significantly — you can earn, but also lose.
- Not all countries have yet defined rules regarding BTC.
📈 Why the price is rising
- Demand is increasing — more people and companies are buying BTC as a protection against inflation.
- Bitcoin ETFs have emerged, which opened access to crypto for large investors.
- Every 4 years there is a halving — the reward for miners is halved, and new $BTC becomes less. This reduces supply, and prices often rise.
🧠 Summary
Bitcoin is not just a currency, but a revolution in finance. It offers freedom, independence, and control over your own money. But when investing, it’s important to remember: prices can fluctuate, so it's crucial to have a strategy and not invest more than you are willing to lose.
