$BTC Bitcoin (BTC) is the first and most well-known cryptocurrency, created in 2008 by an anonymous entity known as Satoshi Nakamoto. It was introduced as a decentralized digital currency that operates without a central authority or government, allowing peer-to-peer transactions over the internet. Here are the main points about Bitcoin:

1. Decentralization

Bitcoin operates on a decentralized network using blockchain technology. The blockchain is a distributed ledger that records all transactions across a network of computers (called nodes). This decentralized nature means that no single entity controls Bitcoin, unlike traditional currencies, which are controlled by central banks.