$BTC
Bitcoin (BTC) is a decentralized digital currency that operates on a peer-to-peer network, allowing users to send and receive bitcoins without intermediaries like banks. Created in 2008 by an unknown entity named Satoshi Nakamoto, bitcoin's unique features include ¹:
- *Decentralized Nature*: No central authority controls bitcoin transactions.
- *Blockchain Technology*: Transactions are recorded on a public distributed ledger.
- *Limited Supply*: Total supply capped at 21 million.
Bitcoin's uses include:
- *Investment*: Many investors buy bitcoin as a store of value.
- *Payments*: Some businesses and governments accept bitcoin.
- *Speculation*: Traders buy and sell bitcoin in hopes of making a profit.