🔷 What Is Bitcoin (BTC)?

Bitcoin is the world’s first decentralized digital currency, created by an anonymous individual or group using the pseudonym Satoshi Nakamoto in 2009. It allows people to send and receive money peer-to-peer without relying on banks or governments.

🔷 Key Features of Bitcoin
1. 🔒 Decentralized
No central authority controls it.

Transactions are validated by a global network of computers (called nodes).

2. 💰 Limited Supply
There will only ever be 21 million BTC.

This scarcity gives it an anti-inflationary nature—unlike fiat currencies that can be printed endlessly.

3. ⛏️ Mining and Blockchain
Bitcoin operates on a blockchain, which is a public, immutable ledger.

Miners validate transactions and secure the network through a process called Proof-of-Work.

For their work, miners receive newly created BTC as a block reward.

4. 💸 Digital Ownership
Bitcoin allows users to own and control their money directly.

You store BTC in a wallet secured by private keys—without needing a bank.

5. 🌍 Borderless and Permissionless
You can send BTC to anyone, anywhere in the world, without approval from banks.

All you need is a wallet address.

🔷 Why People Love Bitcoin
✅ Store of Value (Digital Gold)

Many treat BTC as an asset to hold long-term—especially during inflation or currency crises.

✅ Financial Freedom

In countries with unstable currencies or oppressive banking systems, BTC offers an alternative.

✅ Transparency and Security
Every transaction is recorded publicly on the blockchain.

Once confirmed, a transaction cannot be changed—helping reduce fraud.

✅ Increasing Institutional Adoption

Companies like Tesla, MicroStrategy, and BlackRock have invested in or support Bitcoin.

This boosts its credibility and demand.
🔷 Risks to Consider

⚠️ Volatility: Prices can swing dramatically.

⚠️ Regulatory Uncertainty: Different countries treat Bitcoin differently.

⚠️ Security: If you lose your wallet's private keys, you lose your BTC—there’s no “forgot password” option.