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Bitcoin is a decentralized digital currency created in 2009 by the pseudonymous Satoshi Nakamoto. Unlike traditional currencies, Bitcoin operates without a central authority, relying on blockchain technology to record transactions transparently and securely. It is limited to 21 million coins, making it deflationary by design. Bitcoin allows peer-to-peer transfers globally, often faster and cheaper than banks. Though volatile, it’s seen as digital gold and a hedge against inflation. Investors, institutions, and even some governments have adopted or recognized it. As the first and most valuable cryptocurrency, Bitcoin continues to shape the future of finance and digital asset innovation.