$BTC
Bitcoin (BTC) is a decentralized digital currency created by an anonymous person or group known as Satoshi Nakamoto in 2008. It operates on a peer-to-peer network, allowing users to send and receive payments without intermediaries like banks. Bitcoin transactions are verified using blockchain technology, a distributed ledger that ensures transparency, security, and immutability.
Bitcoin's supply is limited to 21 million coins, which adds scarcity and has made it a store of value, often referred to as "digital gold." BTC can be used for various purposes, including investments, online purchases, and as a hedge against inflation.Since its creation, Bitcoin has gained significant attention, leading to volatile price movements. It has inspired the creation of thousands of other cryptocurrencies. Despite challenges, including regulatory scrutiny and scalability concerns, Bitcoin remains a leading force in the cryptocurrency market and is seen as a pioneer of decentralized finance.
