Bitcoin is a digital currency created in 2009 by an entity known as Satoshi Nakamoto. It is decentralized, meaning it operates without a central authority. Transactions are recorded on a blockchain, a secure and transparent ledger. Bitcoin is used for online payments and its value fluctuates based on market demand. Today, people also view Bitcoin as an investment and a digital asset. Some benefits include global access, lower transaction fees, and privacy. However, there are also challenges like price volatility and regulatory concerns.

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