Bitcoin (BTC) is a decentralized digital currency, meaning it operates without a central bank or single administrator. Here's a breakdown of key aspects:

* Decentralization:

* Bitcoin's network is peer-to-peer, meaning transactions occur directly between users.

* This eliminates the need for intermediaries like banks.

* Blockchain Technology:

* Bitcoin transactions are recorded on a public ledger called the blockchain.

* This blockchain is a secure #btcpolicyshift