$BTCBitcoin ($BTC) is a digital currency that allows people to transact online without the need for an intermediary like a bank. Here's what you need to know:

- *What is Bitcoin?*: A decentralized digital currency that enables global, secure transactions without central oversight.

- *How does it work?*: Bitcoin uses blockchain technology, a digital ledger that records all transactions, like a global spreadsheet that everyone can see but no one can tamper with.

- *Key Concepts*:

- *Blockchain*: A transparent and secure value exchange system.

- *Wallet*: A digital pouch that safely stores your Bitcoin, similar to a virtual bank account.

- *Public and Private Keys*: A pair of digital keys where the public key is your Bitcoin address and the private key is your secret password to access and send your Bitcoins.

- *Limited Supply*: Bitcoin has a maximum supply of 21 million BTC, making it deflationary in nature.¹ ²