๐ What is Bitcoin ($BTC )?
๐ช "Digital Gold" in the modern world.
๐ก Bitcoin is the first and most popular cryptocurrency in the world. It was created in 2009 by an unknown person (or group) using the name Satoshi Nakamoto.
๐ Why is $BTC special?
โ๏ธ It runs on a decentralized network called blockchain.
โ๏ธ No banks or governments control it.
โ๏ธ Every transaction is public and secure.
โ๏ธ Limited supply: Only 21 million BTC will ever exist.
๐ธ How does it work?
People send and receive $BTC through digital wallets. Transactions are verified by minersโpowerful computers that solve puzzles to add blocks to the blockchain.
๐ Why do people invest in Bitcoin?
โ Hedge against inflation
โ Easy international transfers
โ High growth potential
โ It's becoming accepted by big companies
โ ๏ธ Risks to remember:
โ Price is very volatile
โ Not backed by a central authority
โ Can be hacked if your wallet isnโt secure
๐ Fun Fact:
In 2010, a man bought 2 pizzas for 10,000 BTC. Today, that would be worth millions!
๐ฒ Biancaโs Tip:
โBefore buying Bitcoin, learn the basics and start small. Always use trusted apps or exchanges.โ