Bitcoin is a digital currency created in 2009 by a person or group of people using the pseudonym Satoshi Nakamoto. Bitcoin is considered the first cryptocurrency and operates on blockchain technology, which is a distributed database that ensures the security and transparency of transactions. Here are some key points about Bitcoin: 1. **Decentralization**: Bitcoin is not under the control of any government or financial institution. It is operated by a network of users (nodes) around the world. 2. **Transfers**: Bitcoin can be sent from one person to another online without the need for intermediaries like banks. Transactions are usually completed quickly and are less costly compared to traditional transfers. 3. **Supply Limit**: The number of bitcoins that can exist is 21 million, making it a limited currency. This contributes to its value as an asset; the higher the demand, the greater its value. 4. **Security**: Bitcoin uses strong encryption to ensure transaction security and protect user identities. 5. **Volatility**: The price of Bitcoin is known for its extreme volatility, as it can rise or fall significantly in a short period. 6. **Uses**: Bitcoin is used as a means of payment in some stores and #BTCReclaims110K #UNIUSDT #BinanceHerYerde #Crypto_Jobs🎯 $BTC obs🎯
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