Bitcoin is a digital currency that operates on a decentralized network known as blockchain technology. It was invented in 2008 by an anonymous person or group of people using the pseudonym Satoshi Nakamoto and released as open-source software in 2009. Bitcoin is often referred to as a cryptocurrency because it relies on cryptographic techniques to secure transactions and control the creation of new units. At its core, Bitcoin allows peer-to-peer transactions without the need for an intermedia...