#bitcoin #Bitcoin❗
:Bitcoin:
Is the world's first and most famous cryptocurrency. It was introduced in 2009 by an unknown person or group known as Satoshi Nakamoto.
Basic Information about Bitcoin:
Digital Currency: Bitcoin only exists online, meaning there are no coins or notes.
Decentralized: It is not controlled by any central bank or government.
Blockchain: Bitcoin transactions are recorded on a public ledger (blockchain).
Limited Supply: The total supply of Bitcoin is limited to 21 million. After that, no more Bitcoins can be created.
Uses of Bitcoin:
Online Shopping
Investment
Money Transfer
In some countries, it is being used as legal currency.
Example:
If you buy 0.01 BTC in Bitcoin, and its current price is $60,000, you have purchased approximately $600 worth of Bitcoin.