$BTC $BTC, or Bitcoin, is a decentralized digital currency that enables peer-to-peer transactions without the need for intermediaries like banks. It's the first-ever cryptocurrency to come into actual use and has gained significant attention as an investment and store of value. Bitcoin's unique properties include ¹ ² ³:
- *Decentralized Nature*: Bitcoin operates on a public distributed ledger called a blockchain, maintained by a network of computers (nodes) without central oversight.
- *Security*: Transactions are validated using cryptography, ensuring secure and transparent transactions.
- *Limited Supply*: The total supply of Bitcoin is capped at 21 million.
- *Fast and Global Transactions*: Bitcoin enables fast peer-to-peer transactions with low processing fees, making it a convenient option for global payments.
Some key statistics about Bitcoin include ⁴ ¹:
- *Current Price*: $107