#BTCReclaims101K
Bitcoin (BTC) is the world's first decentralized digital currency, launched in 2009 by an anonymous individual or group using the pseudonym Satoshi Nakamoto.
Key characteristics of Bitcoin include:
1. Decentralized: Operates independently of central banks and governments.
2. Limited supply: Total supply capped at 21 million.
3. Blockchain technology: Transactions recorded on a public, distributed ledger.
4. Cryptographic security: Transactions secured through advanced cryptography.
5. Peer-to-peer transactions: Direct transactions between individuals without intermediaries.
Bitcoin has gained significant attention and adoption globally, with various use cases, including:
1. Investment: Store of value and potential for price appreciation.
2. Payments: Fast and secure transactions without intermediaries.
3. Remittances: Low-cost cross-border transactions.
The current price of Bitcoin is around $23,000, but please note that cryptocurrency prices can be highly volatile.