$BTC
BTC
What does it mean? And why is it generating all this interest?
$BTC refers to Bitcoin, the first and most famous cryptocurrency in the world. The symbol "$" at the beginning of the abbreviation indicates that BTC is traded as a financial asset, just as we say $USD for the US dollar. Bitcoin was founded in 2009 by a person or group under the pseudonym 'Satoshi Nakamoto', and it is a decentralized currency not subject to any government or financial institution.
It relies on blockchain technology, a distributed database that records all transactions transparently and securely. This system enables the transfer of money online without the need for an intermediary like a bank, which reduces fees and increases the speed of transactions.
In recent years, it has become the focus of investors after experiencing massive price increases, and some major companies have started accepting it as a payment method. Some see it as 'digital gold' that can be used as a hedge against inflation, while others view it merely as a speculative asset.
Whether you agree with this perspective or not, there is no doubt that $BTC has become an influential element in the future of money and the global economy.