#Bitcoinbasics

1️⃣ What is Bitcoin?

Bitcoin is a digital currency (cryptocurrency) created in 2009 by an unknown person or group using the name Satoshi Nakamoto. Unlike traditional money, it’s decentralized, meaning no government or bank controls it. Bitcoin transactions happen on a blockchain, a public digital ledger that records every transaction securely and transparently.

You can buy, sell, send, or receive Bitcoin online, and you can also hold it as an investment.

2️⃣ Why People Invest in Bitcoin

People invest in Bitcoin for several common reasons:

Potential Returns: Bitcoin has historically increased in value over time, and investors hope it will continue to rise.

Long-Term Store of Value: Some view it as “digital gold” — a way to preserve wealth against inflation or unstable fiat currencies.

Portfolio Diversification: Bitcoin provides exposure to an asset class that is different from stocks, bonds, or real estate.

Decentralization & Control: Investors like that they can hold assets outside the traditional banking system.

Bitcoin and the basics