#CryptoCharts101 Bitcoin (BTC) is the world’s first decentralized cryptocurrency, created in 2009 by an anonymous person or group known as Satoshi Nakamoto. It operates on a peer-to-peer network using blockchain technology, a public ledger that records all transactions. Unlike traditional currencies, Bitcoin isn't controlled by any central authority or government. It has a fixed supply of 21 million coins, which makes it deflationary by design. Bitcoin is often seen as "digital gold" due to its store-of-value properties. It’s used for investment, online purchases, and as a hedge against inflation. Bitcoin’s price is highly volatile and influenced by market demand.