#BTCBelow80K Hey there! So, "BTC" is short for Bitcoin. Here's a simple way to understand it:

* Digital Money:

* Bitcoin is like digital money. That means it only exists on computers and the internet, not as physical coins or bills.

* Decentralized:

* Unlike regular money that banks and governments control, Bitcoin is "decentralized." This means no single person or company owns it. It works through a network of computers all over the world.

* Blockchain:

* All Bitcoin transactions are recorded on a "blockchain," which is like a giant, public, and very secure digital record book. This helps keep everything safe and transparent.

* Why people use it:

* People use Bitcoin to send money to each other online, sometimes to buy things, and sometimes as an investment.

In simple terms, it's a way to send and receive digital money!