#CryptoTariffDrops

BTC is the abbreviation for Bitcoin. Here's a breakdown of what Bitcoin is:

* Decentralized Digital Currency:

* Bitcoin is a digital currency that operates independently of any central bank or government.

* It allows for peer-to-peer transactions, meaning users can send and receive money directly to each other without intermediaries.

* Blockchain Technology:

* Bitcoin transactions are recorded on a public digital ledger called a blockchain.

* This blockchain is a distributed database that ensures transparency and security.

* Cryptocurrency:

* Bitcoin is a type of cryptocurrency, which means it uses cryptography for security.

* Limited Supply:

* Bitcoin has a capped supply of 21 million coins, which contributes to its scarcity.

* Use:

* Bitcoin is used as a medium of exchange, a store of value, and an investment.

In essence, Bitcoin is a digital form of money that aims to provide a secure and decentralized way to conduct financial transactions.