Bitcoin (BTC) is a decentralized digital currency that operates on a peer-to-peer network without the need for a central authority or intermediary. Launched in 2009 by an anonymous entity known as Satoshi Nakamoto, Bitcoin introduced blockchain technology—a distributed ledger that records all transactions securely and transparently.
Bitcoin is often referred to as "digital gold" due to its finite supply of 21 million coins, making it a deflationary asset. Its primary features include security through cryptographic protocols, global accessibility, and resistance to censorship.
As the first cryptocurrency, Bitcoin has become a cornerstone of the blockchain and crypto ecosystem, serving as both a store of value and a medium of exchange. It has sparked the creation of thousands of alternative cryptocurrencies and the development of decentralized finance (DeFi) and Web3 technologies.
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