#TradingMistakes101 Bitcoin (BTC) is the first decentralized cryptocurrency, launched in 2009 by an anonymous entity known as Satoshi Nakamoto. Operating on blockchain technology, Bitcoin enables peer-to-peer transactions without intermediaries like banks. Its decentralized ledger ensures transparency and security through a network of miners who validate and record transactions. Bitcoin has a capped supply of 21 million coins, making it resistant to inflation. It serves as both a digital currency and a store of value, often referred to as "digital gold." Widely adopted globally, Bitcoin is a cornerstone of the cryptocurrency market, fostering innovation in decentralized finance and blockchain technology.
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