Bitcoin (BTC) has several key characteristics:
- *Decentralized*: Bitcoin operates without a central authority or single administrator.
- *Digital*: Bitcoin is a digital currency that exists only in electronic form.
- *Limited supply*: The total supply of Bitcoin is capped at 21 million.
- *Transparent*: All Bitcoin transactions are recorded on a public ledger called the blockchain.
- *Secure*: Bitcoin transactions are secured through cryptography and a decentralized network of nodes.
- *Volatile*: Bitcoin's price can fluctuate rapidly and unpredictably.
- *Pseudonymous*: Bitcoin transactions can be made without revealing one's real-world identity.
These characteristics have contributed to Bitcoin's popularity and growth as a digital store of value and medium of exchange. #Bitcoin #BTC #Crypto #Binance