Bitcoin is a fascinating topic! It's the original cryptocurrency created by Satoshi Nakamoto and serves as a digital currency that enables peer-to-peer transactions without the need for intermediaries. One of its key features is the blockchain technology that underpins it, ensuring transparency and security.
Bitcoin was designed to be decentralized, meaning no single entity controls it, which aligns with Nakamoto's vision of a financial system that empowers individuals. However, as we see with various platforms today, there are still limitations and challenges that can hinder that vision, especially when it comes to transaction limits and the functionality of wallets.
If you're diving deeper into Bitcoin, consider exploring its impact on the banking system and how it could help counteract traditional financial limitations do your own research ..