#2024WithBinanceBitcoin (BTC) is a decentralized digital currency created in 2009 by an anonymous entity using the pseudonym Satoshi Nakamoto. It operates on blockchain technology, a distributed ledger that records all transactions transparently and securely. Unlike traditional currencies, Bitcoin is not controlled by any government or financial institution. It relies on a peer-to-peer network where transactions are verified by miners through a process called proof-of-work. Bitcoin has a capped supply of 21 million coins, making it scarce and often considered a store of value. Its volatile price and potential for significant returns attract investors, while its decentralized nature fosters global adoption.
