$BTC
BTC (Bitcoin)
Bitcoin (BTC) is the first and most popular cryptocurrency, launched in 2009. It operates as a decentralized digital currency based on blockchain technology.
Key Features:
1. Decentralization: Not controlled by any central authority.
2. Limited Supply: A maximum of 21 million BTC can ever be created.
3. Transaction Transparency: All transactions are openly recorded on the blockchain.
4. Digital Gold: Recognized as a store of value.
Uses:
Online payments
Investment and trading
Peer-to-peer transactions
Impact:
BTC symbolizes financial freedom but faces challenges like market volatility and regulatory scrutiny. It remains a cornerstone of the digital economy.