#BinanceSafetyInsights

Bitcoin (BTC) is the first decentralized cryptocurrency, created in 2009 by an anonymous person or group known as Satoshi Nakamoto. It operates on a peer-to-peer network using blockchain technology, ensuring transparency and security without a central authority. Bitcoin's supply is capped at 21 million, making it a deflationary asset. It is used for investments, transactions, and as a hedge against inflation. Despite its volatility, BTC has gained global adoption, influencing finance and technology. Major companies and institutions now accept or invest in Bitcoin, solidifying its role as "digital gold." However, regulatory challenges and environmental concerns over mining remain key debates.