#CryptoSecurity101 Bitcoin (BTC) is the first decentralized digital currency launched in 2009 by an individual or group of individuals under the pseudonym "Satoshi Nakamoto". Bitcoin relies on blockchain technology, which is a distributed digital ledger that ensures transparency and security in transactions without the need for a central intermediary like banks.

BTC is a revolutionary financial tool as it allows individuals to transfer money globally quickly and at a low cost, while also providing a high degree of privacy compared to traditional systems. Bitcoin is produced through a process known as "mining", which involves solving complex mathematical equations using powerful computers.