#BinanceSafetyInsights is a decentralized digital currency created in 2009 by an anonymous person or group known as Satoshi Nakamoto. It operates on a peer-to-peer network, allowing users to send and receive payments without intermediaries. Transactions are recorded on a public ledger called the blockchain, ensuring transparency and security. Bitcoin is often referred to as "digital gold" due to its limited supply of 21 million coins, which contributes to its value. It has gained popularity as an investment and a means of transferring value across borders. However, its price can be highly volatile, attracting both investors and speculators.