$BTC Bitcoin (BTC) is the first and most well-known cryptocurrency in the world. Created in 2009 by a mysterious entity known as Satoshi Nakamoto, Bitcoin was designed as a decentralized alternative to traditional financial systems, allowing value transfers without intermediaries and without centralized control.
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⛓️ What is Bitcoin?
Bitcoin is a decentralized digital currency that operates on a blockchain network – a public and immutable ledger, distributed among thousands of nodes worldwide. Each transaction is verified through a process called proof-of-work, where miners use computational power to secure the network and add new blocks.
Why is Bitcoin important?
1. Limited to 21 million BTC – makes Bitcoin a deflationary asset, similar to digital gold.
2. Total decentralization – no central entity controls the network.
3. Immunity to censorship – transactions are irreversible and free.
4. Global access – anyone with internet can own and send BTC.
5. Protection against inflation – more and more investors see it as a store of value, especially in times of economic crisis.