#BTCReclaims101K Bitcoin (BTC) is the first and most widely known cryptocurrency. Created in 2009 by an anonymous person or group under the pseudonym Satoshi Nakamoto, Bitcoin operates on a decentralized network using blockchain technology.
Key Features:
• Decentralized: No central authority or government controls Bitcoin.
• Limited Supply: Only 21 million Bitcoins will ever be mined.
• Peer-to-Peer Transactions: Allows users to send and receive money without intermediaries.
• Blockchain: A public ledger that records all transactions, ensuring transparency and security.
Uses:
• Digital Store of Value: Often referred to as “digital gold.”
• Currency: Used for purchases where accepted.
• Investment: Many see Bitcoin as an asset for long-term investment due to its deflationary nature.
Would you like information on its current market price, mining, or how to buy and store Bitcoin?