What Is Bitcoin? A Beginner’s Guide to Digital Gold
Bitcoin is a decentralized digital currency that allows peer-to-peer transactions without the need for banks or intermediaries. Created in 2009 by an unknown person or group under the name Satoshi Nakamoto, Bitcoin operates on blockchain technology—a secure and transparent ledger that records all transactions.
Unlike traditional money, Bitcoin is limited to 21 million coins, making it scarce like gold. This has led many to call it "digital gold" due to its potential as a store of value.
People use Bitcoin for online transactions, investments, and as a hedge against inflation. Its price can be volatile, but its growing adoption suggests it could play a major role in the future of finance.
Are you considering investing in Bitcoin? Share your thoughts!