Bitcoin #BTC is a decentralized digital currency created in 2009 by Satoshi Nakamoto.

Characteristics

1. Decentralized: Not controlled by governments or institutions.

2. Limited: Maximum supply of 21 million.

3. Secure: Uses advanced encryption.

4. Liquid: Can be easily traded.

5. Transparency: All transactions are recorded on a public blockchain.

Advantages

1. Financial independence: Does not depend on financial institutions.

2. Privacy: Transactions can be carried out anonymously.

3. Security: Encryption protects against fraud.

4. Liquidity: Can be traded on several platforms.

Disadvantages

1. Volatility: Prices fluctuate rapidly.

2. Security risks: Theft of digital wallets and phishing.

3. Regulation: Changes in laws can affect investments.

4. Difficulty understanding: Requires technical knowledge.

How it works

1. Mining: Computers solve mathematical problems to validate transactions.

2. Blockchain: Public record of all transactions.

3. Digital wallets: Store and manage Bitcoins.

Remember to research and consult experts before investing in Bitcoin. $BTC