#VietnamCryptoPolicy $BTC

What is Bitcoin?

Bitcoin is the first decentralized digital currency in the world, launched in 2009 by an unknown person named "Satoshi Nakamoto". It relies on blockchain technology, which is a distributed network that securely and transparently records all transactions without the need for an intermediary like banks.

Bitcoin is created through a process called "mining", where miners use powerful machines to solve complex mathematical problems and verify transactions.

The most distinctive feature of Bitcoin is its scarcity, as the maximum number of coins that can be issued is only 21 million Bitcoins. This makes it attractive as a store of value like gold.

Today, Bitcoin is used in trading, investment, and international transfers. It has also become a focal point of interest for major institutions and nations, significantly impacting the cryptocurrency market.

However, it is also a volatile currency, and its price can change rapidly, making it a risky tool for inexperienced investors.