$BTC

Bitcoin (BTC) is a decentralized digital currency with several key features:

1. **Decentralization**: Bitcoin operates on a peer-to-peer network without a central authority like a bank or government. Transactions are verified by network nodes through cryptography.

2. **Blockchain Technology**: Bitcoin uses blockchain, a distributed ledger, to record all transactions. This ensures transparency and security while preventing double-spending.

3. **Fixed Supply**: The total supply of Bitcoin is capped at 21 million coins, making it deflationary in nature. This scarcity is often cited as a store of value.

4. **Mining**: New bitcoins are generated through a process called mining, which involves solving complex mathematical problems. Miners are rewarded with new coins for validating transactions.

5. **Security and Cryptography**: Bitcoin transactions are secured using cryptographic techniques, which protect user funds and prevent unauthorized access.

6. **Anonymity and Pseudonymity**: While Bitcoin transactions are transparent on the blockchain, users are identified by their public addresses, which offers a level of privacy. However, it is not fully anonymous.

7. **Global Accessibility**: Bitcoin can be sent and received globally, without the need for intermediaries, making it a borderless currency.

8. **Divisibility**: Bitcoin can be divided into smaller units known as satoshis (1 BTC = 100 million satoshis), allowing microtransactions.

9. **Irreversible Transactions**: Once a Bitcoin transaction is confirmed, it cannot be reversed, making it a secure form of payment but also requiring caution.

10. **Store of Value and Medium of Exchange**: While Bitcoin is often viewed as a store of value (similar to gold), it can also be used as a medium of exchange, especially for online transactions.

These features contribute to Bitcoin's popularity and its potential use in various financial applications