#BTC110KToday? 💰 What is Bitcoin? | Bitcoin Explained in Urdu 🇵🇰

Bitcoin is a digital currency introduced in 2009 by an anonymous person or group known as "Satoshi Nakamoto." It is a "decentralized" currency, meaning it is not controlled by any government or bank.

🔗 Blockchain Technology:

The Bitcoin system operates on blockchain, which is a secure and transparent record-keeping system.

📉📈 Price Volatility:

The price of Bitcoin fluctuates according to market demand. This is why it sometimes goes up and sometimes down.

⛏️ What is Mining?

Bitcoin is "mined" meaning computers solve complex mathematical problems to create new Bitcoins.

🌍 Why is it Important?

Globally Acceptable Currency

Low Transaction Fees

Transactions Without a Bank

🚨 Risks:

Severe Price Volatility

Government Restrictions

Preventing Fraud is Essential