$BTC Bitcoin is a decentralized digital currency that was created in 2008 by an individual or group using the pseudonym Satoshi Nakamoto. Bitcoin operates without a central authority such as a bank or government, and transactions are conducted peer-to-peer through a secure and transparent blockchain network. Bitcoin uses cryptographic technology to secure transactions and control the creation of new units. The total number of bitcoins that can be created is limited to 21 million, which gives it deflationary properties. Bitcoin can be used for various purposes, including investment, purchasing goods and services, and as a means to send money across borders at lower costs compared to traditional methods. Despite its high volatility and evolving regulations, bitcoin has attracted the attention of many investors and users worldwide as a digital asset that has the potential for significant returns. However, risks and uncertainties are also inherent in bitcoin investments.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.