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What is Bitcoin?
Bitcoin is a type of digital money. It was invented in 2009 by an unknown person (or group) using the name Satoshi Nakamoto.
Unlike traditional currencies (like dollars or rupees), Bitcoin is completely decentralized — meaning no government, bank, or company controls it.
Key Points about Bitcoin:
Digital and Virtual: You can't hold Bitcoin physically like cash. It exists only online.
Blockchain: Bitcoin works on a technology called blockchain, which is like a public ledger that records every Bitcoin transaction safely and transparently.
Limited Supply: Only 21 million Bitcoins will ever exist. This limited supply makes Bitcoin valuable, like gold.
Mining: New Bitcoins are created through a process called mining, where powerful computers solve complex problems.
Uses: People use Bitcoin to send money across the world, invest (like buying and selling for profit), and sometimes to buy goods and services.
Volatility: Bitcoin’s price can rise and fall very quickly. It’s considered risky but also can be very profitable.
Why is Bitcoin Special?
It gives people full control of their money.
It's fast and can be sent anywhere in m$BNB
inutes.
It's very secure because of cryptography.
