$BTC

$BTC, or Bitcoin, is the main cryptocurrency on the market, created in 2009 by an anonymous entity or person under the pseudonym Satoshi Nakamoto. It functions as a decentralized digital currency, using blockchain technology to guarantee the security, transparency and immutability of transactions.

Main Features of Bitcoin:

1. Decentralization: It does not depend on central banks or governments for its issuance or control. Transactions are validated by a global network of miners.

2. Limited Supply: Bitcoin has an issuance limit of 21 million units, which makes it a deflationary asset.

3. Blockchain: Transactions are recorded in a public and transparent ledger, ensuring security and preventing fraud.

4. Store of Value: Many people and institutions see Bitcoin as a “digital version of gold”, used as protection against inflation and devaluation of fiat currencies.

5. High Risk and Volatility: Despite its popularity, Bitcoin’s price is highly volatile, influenced by news, regulation, institutional adoption, and market sentiment.

Current Status:

In recent years, Bitcoin has gained institutional adoption and global attention, being used as an investment, a means of transferring value, and even as an official currency in countries like El Salvador. However, challenges such as regulation, mining energy consumption, and competition with other cryptocurrencies remain important issues.

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