BTC refers to Bitcoin, which is the first and most widely used cryptocurrency. It was created in 2009 by an anonymous individual or group using the pseudonym Satoshi Nakamoto.
Here are some key things to know about Bitcoin:
- Decentralized: Bitcoin is a decentralized currency, meaning it's not controlled by any government or institution.
- Limited supply: There will only ever be 21 million Bitcoins in existence.
- Fast and global: Bitcoin transactions are fast and global, meaning you can send and receive Bitcoins anywhere in the world in real-time.
- Secure: Bitcoin transactions are secured by advanced cryptography and a public ledger called the blockchain.
- Volatile: The value of Bitcoin can be highly volatile, meaning it can fluctuate significantly in a short period.
- Widely accepted: Bitcoin is accepted by many merchants and businesses around the world.
Let me know if you have any specific questions about Bitcoin!