$BTC

$BTC refers to Bitcoin, the world's first and most widely recognized cryptocurrency. Here's a brief overview:

Key Features

1. *Decentralized*: Bitcoin operates without a central authority or single administrator.

2. *Limited Supply*: The total supply of Bitcoin is capped at 21 million.

3. *Digital Gold*: Often referred to as "digital gold" due to its store of value properties.

4. *Peer-to-Peer*: Transactions occur directly between users without intermediaries.

Uses

1. *Investment*: Many people buy and hold Bitcoin as a long-term investment.

2. *Payments*: Bitcoin can be used to purchase goods and services from merchants who accept it.

3. *Remittances*: Bitcoin can facilitate cross-border transactions with lower fees.

Characteristics

1. *Volatility*: Bitcoin's price can fluctuate rapidly.

2. *Security*: Bitcoin's decentralized nature and cryptographic algorithms make it secure.

3. *Adoption*: Bitcoin's adoption and acceptance continue to grow globally.