#BTC
Here's a concise overview of **Bitcoin (#BTC)** in 100 words:
**The Pioneer:** Bitcoin, launched in 2009 by the pseudonymous Satoshi Nakamoto, is the first and largest cryptocurrency by market cap. It operates on a decentralized **blockchain** – a public, immutable ledger secured by **proof-of-work** mining.
**Digital Gold:** Often dubbed "digital gold," BTC aims to be a **store of value** and censorship-resistant payment network. Its supply is capped at **21 million coins**, creating scarcity. New coins enter circulation via **mining rewards**, which halve roughly every 4 years ("halving").
**Key Traits:**
✅ **Decentralization:** No single entity controls it.
⛏️ **Security:** Extremely robust network (though exchanges/wallets can be vulnerable).
📈 **Volatility:** Price experiences significant swings.
🌍 **Adoption:** Growing institutional interest (ETFs) and payment use, but scaling remains a challenge. High energy consumption is a major critique.
**BTC represents a groundbreaking experiment in digital scarcity and decentralized finance.**