☄️What Is Bitcoin? A Beginner’s Guide
Bitcoin is the first and most well-known cryptocurrency, created in 2009 by an anonymous person or group known as Satoshi Nakamoto. It is a digital currency designed to work without banks or central authorities.
Bitcoin runs on blockchain technology, a public and transparent ledger that records every transaction. Instead of a central institution, transactions are verified by a global network of computers, making the system decentralized and secure.
One key feature of Bitcoin is its limited supply. Only 21 million BTC will ever exist, which is why many people see it as a form of digital scarcity.
Bitcoin can be used to store value, send payments globally, and participate in the broader crypto ecosystem. However, its price can be volatile, so understanding risks is important.
☄️In simple terms: Bitcoin is a decentralized digital currency that allows peer-to-peer transactions without intermediaries.$BTC
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