$BTC Bitcoin (BTC) is a digital currency or cryptocurrency that operates without the need for banks or governments. It was created in 2009 by a person (or group) under the pseudonym Satoshi Nakamoto. Here I explain its key points clearly:

🔑 What is Bitcoin?

Decentralized: It does not depend on any country, bank, or institution. No one controls it.

Digital: It does not exist in physical form. It only lives on the internet.

Limited: Only 21 million bitcoins will ever exist. This makes it scarce, like gold.

Transparent: All transactions are recorded in a public ledger called blockchain.

⚙️ How does it work?

Blockchain: It is a public database that stores all transactions.

Mining: These are computers that validate those transactions. In return, they receive bitcoins as a reward.

Wallets: This is where you store your bitcoins. It can be an app, a physical device, or even paper.

🧠 What is it used for?

Sending money without intermediaries: Faster and cheaper, especially for international transfers.

Investment: Many people see it as a "digital gold" to protect their money.

Payment for products or services: Some companies accept BTC as a form of payment.