$BTC Bitcoin is a digital currency (not physical) that only exists on the blockchain that supports it. As a currency, it can serve the same purposes as any other currency backed by a state, such as the euro or the dollar.

However, Bitcoin does not depend on any governmental entity to issue or support it; rather, it is the users themselves who manage and maintain the operation and security of Bitcoin. Therefore, it is possible to make purchases, sales, and transactions with this currency from anywhere quickly, without conditions or limitations of any kind.