$BTC What is Bitcoin ($BTC)?
Bitcoin is the first cryptocurrency created in 2009 by a person (or group) known as Satoshi Nakamoto. It is a decentralized currency, meaning it is not subject to any government or central bank.
---
🔧 How does Bitcoin work?
Bitcoin operates through a technology called blockchain, which is a public ledger that records all transactions.
Anyone can participate in confirming transactions through a process known as mining.
Each transaction is verified and permanently recorded and cannot be manipulated.
---
💸 Advantages of Bitcoin:
✅ Decentralized: Not subject to any authority.
✅ Scarcity: The maximum supply of Bitcoin is only 21 million coins.
✅ Privacy: Using Bitcoin does not require providing personal information.
✅ Global: It can be sent and received from anywhere in the world within minutes.
---
📈 Why do people invest in Bitcoin?
It is considered a store of value like digital gold.
Significant price volatility makes it an opportunity for speculation.
Many institutions are turning to Bitcoin as a hedge against inflation.