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Bitcoin ($BTC ) is a decentralized digital currency that operates on a peer-to-peer network without the need for a central authority, such as a bank. It was created in 2009 by an anonymous person or group using the pseudonym Satoshi Nakamoto. Bitcoin transactions are recorded on a public ledger called the blockchain, ensuring transparency and security. BTC is often used for online transactions, investment, and as a store of value, sometimes referred to as "digital gold." Its supply is limited to 21 million coins, making it scarce and valuable over time.
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