$BTC (BTC) is the world's first decentralized cryptocurrency, introduced in 2008 by the pseudonymous creator, Satoshi Nakamoto. It operates on a peer-to-peer network, enabling secure and transparent transactions without the need for intermediaries like banks. Bitcoin's underlying technology, blockchain, ensures that all transactions are recorded on a public ledger, making it tamper-proof and verifiable.
Bitcoin has gained immense popularity as a store of value and a hedge against inflation, often referred to as "digital gold." Its limited supply of 21 million coins adds to its scarcity and value. Over the years, Bitcoin has seen widespread adoption, from being accepted as payment by businesses to becoming a key asset in investment portfolios.
Despite its volatility, Bitcoin remains a pioneer in the cryptocurrency space, influencing the development of thousands of altcoins and shaping the future of decentralized finance (DeFi)