$BNB $BTC
$BTC Bitcoin ($BTC) is a decentralized digital currency that allows for peer-to-peer transactions without the need for a central bank or intermediary ¹ ². It was created in 2009 by an individual or group of individuals using the pseudonym Satoshi Nakamoto ¹ ³.
*Key Features:*
- _Decentralized_: Bitcoin operates on a decentralized network, meaning that transactions are recorded on a public ledger called the blockchain ¹ ⁴.
- _Limited Supply_: There will only ever be 21 million Bitcoins in existence, making it a scarce asset ¹ ³.
- _Fast and Global_: Bitcoin transactions are fast and global, allowing for quick and easy transfer of value across borders ⁴.
*How it Works:*
- _Mining_: New Bitcoins are created through a process called mining, in which specialized computers solve complex mathematical problems to validate transactions and add them to the blockchain ⁵ ³.
- _Wallets_: Bitcoins are stored in digital wallets, which can be accessed through software or hardware ³ ⁴.
- _Transactions_: Bitcoin transactions are made by sending Bitcoins from one wallet to another, using a unique address and cryptographic keys ¹ ⁴.
*Uses:*
- _Investment_: Bitcoin can be bought and held as an investment, similar to stocks or gold ².
- _Payments_: Bitcoin can be used to make fast and secure payments online or in-person ⁴.
- _Remittances_: Bitcoin can be used to send money across borders, often with lower fees and faster processing times than traditional methods ⁴.