#BTC Bitcoin (BTC) is the first and most prominent cryptocurrency, introduced in 2009 by an unknown entity under the name Satoshi Nakamoto. It functions on a decentralized peer-to-peer network, using blockchain technology to securely record all transactions. The supply of Bitcoin is limited to 21 million coins, making it a deflationary asset often referred to as "digital gold" due to its store of value properties. Bitcoin transactions are verified by miners who use computational power to solve complex puzzles, ensuring the integrity of the blockchain. While Bitcoin is widely used for online payments, remittances, and as an investment, it faces criticism for its price volatility, scalability issues, and high energy consumption. Nevertheless, Bitcoin remains a cornerstone of the cryptocurrency market and drives the development of blockchain technology.
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