$BTC
Bitcoin (BTC) is the first cryptocurrency created and was launched in 2009 by a person or group of people under the pseudonym Satoshi Nakamoto. It is a decentralized digital currency, meaning it is not controlled by any government, bank, or institution. Instead, it operates through a technology called blockchain, which is a public and transparent ledger where all transactions are recorded securely and verifiably.
Some key features of Bitcoin are:
Decentralization: There is no central authority controlling the network.
Security: It uses advanced cryptography to protect transactions.
Limited supply: Only 21 million Bitcoins will ever exist, which may influence its long-term value.
Transparency: All transactions are public and can be verified on the blockchain.
Bitcoin has been considered both as a store of value, similar to gold, and as a way to conduct digital transactions without intermediaries. Its price has experienced significant ups and downs over the years, reflecting its high volatility and market interest.