$BTC

Bitcoin (BTC) – Explained in 200 Words

Bitcoin (BTC) is the first and most well-known cryptocurrency, created in 2009 by an anonymous individual or group using the name Satoshi Nakamoto. It is a decentralized digital currency that allows people to send and receive value over the internet without relying on banks or governments.

Bitcoin operates on a technology called blockchain—a public, transparent ledger that records all transactions across a network of computers. Every 10 minutes, new transactions are grouped into a "block" and added to the chain. This makes Bitcoin secure, immutable, and resistant to fraud.

Unlike traditional currencies, Bitcoin is not printed. It’s "mined" by computers solving complex mathematical problems. There is a fixed supply: only 21 million bitcoins will ever exist, making it scarce and often referred to as "digital gold."

Bitcoin is used for many purposes—online purchases, remittances, and as a store of value or hedge against inflation. Its price can be highly volatile, influenced by market demand, regulation, and global events.

While some criticize Bitcoin for its energy use and market speculation, others see it as a revolutionary tool for financial freedom, especially in regions with unstable currencies or limited banking access.

Bitcoin is both a currency and a movement—challenging the future of money.

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