Bitcoin (BTC) is the world’s first decentralized digital currency, introduced in 2009 by an unknown person or group using the pseudonym Satoshi Nakamoto. Unlike traditional currencies controlled by governments or banks, Bitcoin operates on a peer-to-peer network using blockchain technology, a secure and transparent ledger that records all transactions.

BTC is limited to a maximum supply of 21 million coins, which creates scarcity and drives its value. This scarcity has led many to view Bitcoin as “digital gold,” a store of value and hedge against inflation. Bitcoin transactions are verified by miners who use powerful computers to solve complex mathematical problems, a process called “proof of work.” This ensures the security and integrity of the network.

Bitcoin can be used for online purchases, international transfers, or as an investment. Its price is highly volatile, influenced by market demand, adoption, regulatory news, and global economic factors. Over the years, Bitcoin has gained acceptance from institutions, companies, and even some governments, boosting its legitimacy.$BTC