Bitcoin (BTC) is a decentralized digital currency that allows for peer-to-peer transactions without the need for a central authority or intermediary. It was created in 2009 by an anonymous individual or group using the pseudonym Satoshi Nakamoto. Bitcoin is based on a decentralized technology called blockchain, which records all transactions made with the currency. The total supply of Bitcoin is capped at 21 million, and new coins are created through a process called mining, in which specialized computers solve complex mathematical problems to validate and record transactions. Bitcoin has gained widespread acceptance and attention in recent years, with many businesses, organizations, and individuals using it as a form of payment, investment, and store of value.
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