$BTC

Bitcoin (BTC) is a decentralized digital currency that was introduced in 2009 by an unknown person or group under the pseudonym Satoshi Nakamoto. Unlike traditional currencies, Bitcoin operates without a central authority like a bank or government. It uses blockchain technology, a distributed ledger system, to record all transactions in a secure and transparent way. Bitcoin transactions are verified by network nodes through cryptography and recorded on the blockchain, making it resistant to fraud and censorship.

One of the key features of Bitcoin is its limited supply. There will only ever be 21 million bitcoins in existence, making it deflationary by nature. This scarcity has led to Bitcoin being viewed as a store of value, often compared to gold. Additionally, Bitcoin allows for peer-to-peer transactions across borders with low transaction fees and relatively fast processing times.

Since its inception, Bitcoin has gained significant popularity, not only as a means of exchange but also as an investment asset. Its volatility and potential for high returns have attracted traders and investors alike. However, Bitcoin's use and regulation continue to be a topic of debate, with governments and financial institutions exploring its potential risks and benefits.

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