#BTC
Bitcoin (BTC) is the first and most well-known cryptocurrency. Here are some key facts about it:
Created in 2009 by an anonymous person or group using the pseudonym Satoshi Nakamoto.
Decentralized: It operates without a central authority like a bank or government.
Blockchain technology: Bitcoin transactions are recorded on a public ledger called the blockchain, which is secure and transparent.
Limited supply: There will only ever be 21 million BTC, making it deflationary in nature.
Mining: New bitcoins are created through a process called mining, where powerful computers solve complex math problems.
Use cases: BTC is used for peer-to-peer transactions, a store of value, and is sometimes referred to as “digital gold.”
Volatility: Its price is highly volatile and influenced by market demand, regulation, media, and investor sentiment.
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