$BTC #WhiteHouseCryptoSummit #USCryproReserve
Bitcoin (BTC) in Brief: Bitcoin is a digital currency that operates on blockchain technology and is not controlled by any government or central bank. It was created in 2009 by an individual or group under the pseudonym Satoshi Nakamoto. Bitcoin is generated through a process called mining and functions via peer-to-peer (P2P) transactions. Its main advantages include decentralization, security, borderless transactions, and an alternative to traditional financial systems. However, its major challenges are high price volatility, regulatory scrutiny, and scalability issues.
