Bitcoin (BTC), a decentralized digital currency, operates on a blockchain, a public ledger recording all transactions. Unlike traditional currencies, it's not controlled by any central authority. Its value fluctuates wildly, driven by market speculation and adoption.
Miners validate transactions and add them to the blockchain, earning BTC as a reward. This process secures the network. Bitcoin's finite supply, capped at 21 million coins, contributes to its perceived scarcity.
While some view it as a store of value or hedge against inflation, others see it as a risky investment. Its volatility and regulatory uncertainties remain key concerns. Despite this, Bitcoin's influence on the financial landscape is undeniable.
