Bitcoin is a decentralized digital currency created in 2009 by an unknown person or group using the pseudonym Satoshi Nakamoto. Bitcoins are created and traded electronically and are not controlled by any central bank or government. Bitcoin relies on blockchain technology, which is a distributed public ledger that records all Bitcoin transactions. Bitcoin can be used to purchase goods and services or traded as an investment. The price of Bitcoin is highly volatile and has seen significant rises and falls over the years. There is a limited number of Bitcoins that will be created, which is 21 million, making it a rare asset. Some believe that Bitcoin has the potential to revolutionize the financial system, while others think it is a speculative bubble.
