#BTC (Bitcoin) – Short Overview
Bitcoin (BTC) is the first and most well-known cryptocurrency, created in 2009 by an anonymous person or group known as Satoshi Nakamoto. It operates on a decentralized, peer-to-peer network using blockchain technology.
Key Points:
Purpose: Designed as a digital alternative to money, allowing online payments without banks.
Supply Limit: Capped at 21 million coins, making it deflationary.
Blockchain: A public ledger that records all BTC transactions, maintained by a network of miners.
Mining: New BTC is created through a process called mining, using computational power to solve cryptographic puzzles.
Volatility: Prone to price swings, influenced by demand, news, regulations, and market sentiment.
Use Cases: Digital store of value, investment asset, and a medium of exchange (in some places).
Let me know if you want a version focused on investment, technology, or history.