$BTC Bitcoin (BTC) 101

Bitcoin (BTC) is the world’s first decentralized digital currency, created in 2009 by the pseudonymous developer Satoshi Nakamoto. It operates on a peer-to-peer network without the need for intermediaries like banks. Bitcoin uses blockchain technology to record transparent, secure, and immutable transactions. With a capped supply of 21 million coins, it is considered deflationary. Often referred to as “digital gold,” Bitcoin is used as a store of value, medium of exchange, and hedge against inflation. It can be bought, sold, or held in digital wallets, and traded on global exchanges. Bitcoin’s value fluctuates based on supply, demand, and market sentiment.