$BTC

What is Bitcoin (Bitcoin - BTC)?

Bitcoin is a digital cryptocurrency that was launched in 2009 by an unknown person or group of people known as Satoshi Nakamoto. Bitcoin is considered the first decentralized digital currency that operates without a central bank or intermediary.

Key features of Bitcoin:

Decentralization: It is not subject to the control of any government or financial institution.

Limited supply: The maximum number of Bitcoins is only 21 million, which makes it resistant to inflation.

Mining: Bitcoin is issued through a process known as "mining," where miners use powerful computers to solve complex mathematical problems to secure the network and verify transactions.

Blockchain: Bitcoin operates on a technology known as "Blockchain," which is a public digital ledger where all transactions are recorded.

Uses of Bitcoin:

Investing or saving as a digital asset.

Sending money internationally with lower fees and faster than traditional bank transfers.

Paying for some goods or services in stores or online (in places that accept it).

Price volatility:

The price of Bitcoin changes significantly and can experience sharp fluctuations over short periods, making it a high-risk investment tool but attracting many investors due to its high profit potential.