What is Bitcoin (BTC)?
$BTC (BTC) is the first and most well-known cryptocurrency, created in 2009 by an anonymous person or group using the pseudonym Satoshi Nakamoto. It’s a decentralized digital currency that allows peer-to-peer transactions without the need for a central authority like a bank or government.
How It Works
Bitcoin operates on a blockchain—a public, distributed ledger that records every transaction. Miners use powerful computers to solve complex mathematical problems that validate transactions and secure the network. As a reward, they receive newly minted
Why It Matters
Decentralization: No single entity controls Bitcoin.
Limited Supply: Only 21 million bitcoins will ever exist, creating scarcity.
Borderless Transactions: $BTC oin can be sent globally in minutes.
Store of Value: Often compared to digital gold, Bitcoin is seen as a hedge against inflation and currency devaluation.
Risks and Volatility
$BTC price is highly volatile. It can experience significant price swings due to market speculation, regulatory news, and macroeconomic events. Investors should be cautious and informed.
