$BTC

Bitcoin (BTC) is a decentralized digital currency that allows for peer-to-peer transactions without the need for a central authority or intermediary ¹. It was created in 2008 by an unknown individual or group using the pseudonym Satoshi Nakamoto ².

*Key Features:*

- _Decentralized_: Bitcoin operates on a decentralized network, meaning that there is no central authority controlling it.

- _Limited Supply_: The total supply of bitcoin is capped at 21 million, which helps to prevent inflation.

- _Fast and Global_: Bitcoin transactions are processed quickly, regardless of the sender's and recipient's locations.

- _Secure_: Bitcoin transactions are secured through cryptography and a decentralized network of computers.

*How it Works:*

Bitcoin transactions are recorded on a public ledger called the blockchain, which is maintained by a network of computers around the world ². Each transaction is verified by special nodes on the network called miners, who use powerful computers to solve complex mathematical problems. Once a transaction is verified, it is added to the blockchain, which is then updated on each node on the network.

*Uses:*

Bitcoin can be used for a variety of purposes, including:

- _Payments_: Bitcoin can be used to make payments for goods and services online and in-person.

- _Investments_: Bitcoin can be invested in, similar to stocks or commodities.

- _Remittances_: Bitcoin can be used to send money across borders quickly and cheaply.

Overall, bitcoin is a unique and innovative digital currency that has the potential to disrupt traditional financial systems.