#CryptoCharts101 BTC is the abbreviation for Bitcoin, which is the world's first decentralized cryptocurrency. It was invented in 2008 by an unknown entity using the pseudonym Satoshi Nakamoto, and its use as a currency began in 2009.
Here are some key facts about Bitcoin:
* Decentralized: Unlike traditional currencies controlled by central banks or governments, Bitcoin operates on a peer-to-peer network where transactions occur directly between users without intermediaries.
* Blockchain Technology: Bitcoin transactions are recorded and verified on a public distributed ledger called a blockchain. This ensures security and transparency.
* Mining: New bitcoins are