Bitcoin: the digital gold of the new era
Bitcoin (BTC) is the first and most well-known cryptocurrency in the world. It was created in 2009 by a person (or group of people) using the pseudonym Satoshi Nakamoto. The main difference between bitcoin and traditional currencies is that it is not controlled by any bank or government. Instead, it operates on blockchain technology—a distributed ledger where all transactions are recorded and secured by cryptography.
One of the main advantages of bitcoin is its limited supply. A total of no more than 21 million bitcoins can ever be mined. This makes it similar to gold: the less there is left, the higher the price can be.
Bitcoin can be used for transfers, investments, and some stores already accept it as a form of payment. But the price of BTC is highly volatile—it can change significantly in a short amount of time. Therefore, it attracts both investors and traders who are willing to take risks.
Today, bitcoin is referred to as "digital gold," and it plays an increasingly important role in the financial world.