#AbuDhabiStablecoin Bitcoin is a decentralized digital currency that operates without the need for a central bank or a single administrator. Users can make transactions directly with each other through a peer-to-peer network, eliminating the need for intermediaries. Transactions are secured using cryptography and recorded in a public ledger known as the blockchain. This cryptocurrency was created in 2008 by an individual or group using the pseudonym Satoshi Nakamoto, and the software was made available as open source in 2009.