$BTC $BTC
Key characteristics of Bitcoin:
Decentralized: No central bank or single authority controls it. Transactions are verified by a network of computers. 🌐
Blockchain Technology: All transactions are recorded on a public, immutable ledger called the blockchain, ensuring transparency and security. ⛓️
Limited Supply: Only 21 million Bitcoins will ever be created, making it a scarce asset often called "digital gold" due to its deflationary nature. ⛏️
Mining: New Bitcoins are introduced through a process called mining, where powerful