$BTC Bitcoin (BTC) in 150 Words

Bitcoin (BTC) is a decentralized digital currency created in 2009 by an anonymous person or group using the pseudonym Satoshi Nakamoto. It operates on a peer-to-peer network, allowing users to send and receive payments without intermediaries like banks. Bitcoin transactions are recorded on a public ledger called the blockchain, secured through a consensus mechanism known as proof-of-work. Miners validate transactions and earn new bitcoins as rewards, though the total supply is capped at 21 million BTC to maintain scarcity.

Bitcoin is often referred to as "digital gold" due to its limited supply and use as a hedge against inflation. It's praised for its security, transparency, and resistance to censorship. However, it also faces criticism for high energy usage and price volatility. Bitcoin has become a foundational asset in the cryptocurrency space, influencing the creation of thousands of alternative coins and decentralized financial systems (DeFi). It remains the most valuable and widely recognized cryptocurrency globally.