$BTC BTC 101: The King of Crypto
Bitcoin (BTC) is the first and most well-known cryptocurrency, launched in 2009 by the anonymous creator Satoshi Nakamoto. It's often called "digital gold" because of its limited supply (only 21 million BTC will ever exist) and store-of-value potential.
š How BTC Works:
Bitcoin runs on a decentralized blockchain network, where transactions are verified by miners through a process called proof-of-work (PoW). This makes it secure, transparent, and resistant to manipulation.
š° Why People Invest in BTC:
Hedge against inflation and fiat currency devaluation
High liquidity and global acceptance
Decentralized and censorship-resistant
Backbone of the entire crypto market
š Use Cases:
Long-term investment ("HODLing")
Trading on exchanges
Remittances and peer-to-peer payments
ā ļø Risks to Know:
High price volatility
Regulatory uncertainty in some countries
Not entirely anonymous (transactions are public)
BTC is more than just a coināit's a movement. Whether you're a beginner or seasoned trader, Bitcoin is where most crypto journeys begin. Always do your research and invest responsibly!
