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Bitcoin, also known as BTC, is a decentralized digital currency that operates on a peer-to-peer network. It was created in 2009 by an anonymous person or group using the pseudonym Satoshi Nakamoto.
One of the key features of Bitcoin is its decentralized nature, meaning it is not controlled by any government or financial institution. Transactions on the Bitcoin network are validated by a network of users called nodes, and transactions are recorded on a public ledger called the blockchain.
Bitcoin is also finite in supply, with a maximum cap of 21 million bitcoins that can ever be mined. This scarcity, combined with its decentralized nature, has led some to view it as a store of value similar to gold.
Bitcoin, also known as BTC, is a decentralized digital currency that operates on a peer-to-peer network. It was created in 2009 by an anonymous person or group using the pseudonym Satoshi Nakamoto.
One of the key features of Bitcoin is its decentralized nature, meaning it is not controlled by any government or financial institution. Transactions on the Bitcoin network are validated by a network of users called nodes, and transactions are recorded on a public ledger called the blockchain.
Bitcoin is also finite in supply, with a maximum cap of 21 million bitcoins that can ever be mined. This scarcity, combined with its decentralized nature, has led some to view it as a store of value similar to gold.
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