About Bitcoin

in crypto •  10 months ago 

Bitcoin, introduced in 2009 by an unknown person or group using the pseudonym Satoshi Nakamoto, is a pioneering cryptocurrency. It operates on a decentralized network using blockchain technology, a distributed ledger that records all transactions. Bitcoin's scarcity is ensured by a capped supply of 21 million coins. It gained prominence as a digital asset and a store of value, with a volatile yet potentially lucrative market. Bitcoin's impact extends beyond finance, sparking discussions about the future of money and challenging traditional banking systems.

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