$BTC
Bitcoin is a decentralized cryptocurrency that enables peer-to-peer transactions without the need for intermediaries. It is the first and most well-known cryptocurrency in the world, created in 2009 by Satoshi Nakamoto.
*Characteristics of Bitcoin:*
- *Decentralized:* Bitcoin is not controlled by any government or financial institution.
- *Peer-to-peer transactions:* Transactions are conducted directly between users, without the need for intermediaries.
- *Blockchain:* Bitcoin utilizes a distributed ledger technology called blockchain to record all transactions.
- *Limited supply:* The total supply of Bitcoin is limited to 21 million units.
*Price of Bitcoin:*
The price of Bitcoin can fluctuate rapidly and is influenced by various factors, including supply and demand, the global economy, and government regulations.
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