Bitcoin

Bitcoin is a decentralized digital currency that was created in 2009 by an anonymous person or group using the pseudonym Satoshi Nakamoto. It operates on a technology called blockchain, which is a distributed ledger that records all transactions across a network of computers.

Bitcoin is often referred to as a cryptocurrency because it uses cryptographic techniques to secure transactions and control the creation of new units. Unlike traditional currencies issued by governments (fiat currencies), Bitcoin is not controlled by any central authority like a bank or government. Instead, it relies on a network of participants (miners) to validate and record transactioKey characteristics of Bitcoin include its limited supply, with a maximum of 21 million coins that can ever be created, and its divisibility, allowing it to be broken down into smaller units. Bitcoin can be used for various purposes, including as a store of value, a medium of exchange, and a unit of account. It has gained significant attention and popularity as both an investment and a means of conducting digital transactions. However, it's also known for its price volatil

ity.