#MarketPullback Bitcoin is the first and most popular cryptocurrency in the world, created in 2009 by an anonymous person (or group of people) under the pseudonym Satoshi Nakamoto. Below are some basic information about Bitcoin:

1. Key Features

Decentralized: Does not rely on any central bank or financial institution. Bitcoin operates on a peer-to-peer network.

Blockchain Technology: Bitcoin transactions are recorded on a public ledger called the blockchain, ensuring transparency and immutability.

Limited Supply: A total of only 21 million Bitcoins will be created, which helps control inflation.

2. How It Works

Bitcoin is created through a process called "mining," using computational power to solve complex problems. When a problem is solved, a new block will be added to the blockchain, and the solver receives a reward in Bitcoin.

3. Applications

Payments: Used to purchase goods and services at places that accept Bitcoin.

Investment: Many people buy Bitcoin as an investment asset due to its often volatile value.

International Money Transfer: Bitcoin transactions are faster and cheaper compared to traditional methods.

4. Advantages

Borderless transactions, independent of banks.

High anonymity, although not completely anonymous.

Safe and transparent thanks to blockchain technology.

5. Disadvantages

High price volatility, posing significant risks for investors.

Not recognized by law in some countries.

Can be exploited for illegal activities such as money laundering.

6.