$BTC The image shows a Bitcoin coin in front of an Arizona welcome sign. Bitcoin is a decentralized digital currency that allows for secure transactions without the need for a central authority like a bank. Arizona has recently passed a Bitcoin Reserve Bill, indicating a growing interest in cryptocurrencies.
Here are some key aspects of Bitcoin:
Decentralized:
Bitcoin operates without the control of any single entity, using peer-to-peer technology.
Blockchain:
Transactions are recorded on a public ledger called the blockchain, ensuring transparency and security.
Limited Supply:
The total number of Bitcoins is capped at 21 million, which could increase its value as a store of value.