Bitcoin is the world's first decentralized digital currency (cryptocurrency).
Quick Overview:
Created: 2008 (whitepaper) by the anonymous person/group Satoshi Nakamoto. The Bitcoin network launched in January 2009.
Core Idea: A peer-to-peer electronic cash system that operates without banks or governments as middlemen.
Technology: Built on blockchain — a public, immutable, distributed ledger that records every transaction transparently and securely.
Supply: Capped at 21 million coins (this scarcity is one reason for its value).
How it works:
Transactions are verified by a network of computers (nodes).
New bitcoins are created through mining — powerful computers solve complex mathematical puzzles (Proof-of-Work).
You store Bitcoin in digital wallets and send/receive it us$BTC ing public addresses.
Bitcoin is often called “digital gold” because it’s seen as a store of value, hedge against inflation, and an investment asset. Its price is highly volatile but has grown enormously since 2009.
