$BTC What is Bitcoin?

Bitcoin is the first decentralized digital currency, created in 2008 by an anonymous individual or group known as Satoshi Nakamoto. Unlike traditional fiat currencies controlled by governments or central banks, Bitcoin runs on a peer-to-peer network without any central authority. All transactions are recorded on a public ledger called the blockchain, verified by miners using cryptographic algorithms.

The supply of Bitcoin is limited to 21 million coins, which makes it a scarce and deflationary asset. Often referred to as "digital gold," Bitcoin is used for secure, borderless, and fast transactions across the globe without intermediaries like banks.

Many people see Bitcoin as a hedge against inflation, a revolutionary financial system, or a long-term investment. As adoption increases, Bitcoin continues to disrupt traditional finance and inspire the development of thousands of new cryptocurrencies.

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