#BTC Bitcoin (BTC) is a decentralized digital currency, without a central bank or single administrator, that can be sent from user to user on the peer-to-peer Bitcoin network without the need for intermediaries. Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain. Bitcoin was invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto and was released as open-source software in 2009.

Key aspects of Bitcoin include:

1. **Decentralization**: Bitcoin operates without a central authority or single administrator, making it resistant to censorship and centralized control.

2. **Blockchain**: The technology behind Bitcoin, a public ledger that records all transactions, ensuring transparency and security.

3. **Limited Supply**: There will only ever be 21 million bitcoins, making it a deflationary asset.

4. $BTC Mining**: The process through which new bitcoins are created and transactions are verified. Miners use powerful computers to solve complex mathematical problems, securing the network and earning rewards in the form of new bitcoins.

5. $BTC Use Cases**: Bitcoin is used for various purposes, including as a store of value, investment, and medium of exchange. It can be used to purchase goods and services, though its adoption as a payment method varies by region and merchant.

6. #BTC Volatility**: The price of Bitcoin is known for its volatility, which can result in significant fluctuations in value over short periods.

Bitcoin has sparked the creation of numerous other #cryptocurrencies and has influenced the development of blockchain technology, which has applications beyond digital currencies, including in supply chain management, voting systems, and more.