Bitcoin (BTC) is a decentralized digital currency that enables fast and secure transactions globally. Created in 2009 by an individual or group under the pseudonym Satoshi Nakamoto, Bitcoin operates independently of central banks and governments. Transactions are verified by network nodes through cryptography and recorded on a public ledger called the blockchain. This decentralized system ensures transparency, security, and immutability of transactions. Bitcoin's supply is capped at 21 million, and new coins are created through a process called mining, which involves solving complex mathematical problems. The value of Bitcoin fluctuates based on market demand and supply, making it a popular investment option. Many investors view Bitcoin as a store of value or a speculative investment, often comparing it to gold. Despite facing regulatory uncertainties and market volatility, Bitcoin remains one of the most widely recognized and widely used cryptocurrencies. Its impact on the financial industry and technology continues to grow, attracting investors, institutions, and users worldwide. As the pioneer of cryptocurrency, Bitcoin has paved the way for the development of other digital currencies and blockchain-based applications.
