BTC stands for Bitcoin, a decentralized digital currency created in 2009 by an anonymous person or group known as Satoshi Nakamoto. It operates on a peer-to-peer network, allowing users to send and receive payments without relying on intermediaries like banks. Bitcoin transactions are recorded on a public ledger called the blockchain, which ensures transparency and security. The currency is created through a process called mining, where powerful computers solve complex mathematical problems. Bitcoin's value can fluctuate significantly, making it a popular asset for investment and a controversial topic in discussions about digital currencies and finance.
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