#BSCOnTheRise Bitcoin (BTC) is a decentralized digital currency that operates without a central authority or government. It was introduced in 2008 by an anonymous person or group of people using the pseudonym Satoshi Nakamoto. Bitcoin is based on blockchain technology, a distributed ledger that records all transactions across a network of computers. The main features of Bitcoin include:

1. Decentralization: Bitcoin operates on a peer-to-peer network without a central authority like a bank or government.

2. Limited Supply: There is a maximum supply of 21 million BTC, making it a deflationary asset.

3. Security: Transactions are secured using cryptography and recorded on the blockchain, which makes Bitcoin resistant to tampering.

4. Pseudonymity: Bitcoin addresses are not directly tied to personal identities, offering a degree of privacy in transactions.

5. Mining: Bitcoin is created through a process called mining, where powerful computers solve complex mathematical problems to validate transactions and add new blocks to the blockchain.

Bitcoin is often considered both a store of value, like gold, and a medium of exchange. Its price can be highly volatile, and it is widely traded on cryptocurrency exchanges.