#FedHODL Bitcoin (from English bit - "bit" and coin - "coin") is a peer-to-peer payment system that uses the unit of the same name to record transactions. Cryptographic methods are used to ensure the functioning and protection of the system, while all information about transactions between system addresses is available in open form. 1

Bitcoin was created in 2009 by an unknown person or group of people under the pseudonym Satoshi Nakamoto. This digital asset is based on a decentralized peer-to-peer network and blockchain technology, allowing users to send and receive payments safely and anonymously without intermediaries. 3

Bitcoins can be used to exchange for goods or services only with those sellers who agree to accept them. Exchange for regular currencies occurs through online digital currency exchange services, other payment systems, exchange offices or directly between interested parties.