🪙 What is Bitcoin and How Does It Work?
Bitcoin is the world’s first decentralized digital currency. Unlike traditional money, it is not controlled by any government or bank. Bitcoin uses a special technology called blockchain—a public, secure ledger that records every transaction.
People can buy, sell, and store bitcoin using digital wallets. New bitcoins are created through a process called mining, where powerful computers solve complex math problems. This process also helps verify and secure the network.
🔐 Key Features:
Limited Supply: Only 21 million bitcoins will ever exist
Peer-to-Peer System: No middleman is needed
Global and Transparent: Anyone can view the transaction history
Bitcoin can be used to buy products, send money, or as an investment. Its value changes based on demand, market interest, and investor confidence.
In short, Bitcoin is a fast, secure, and modern way to exchange value in the digital world.
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