Bitcoin is the first-ever decentralized cryptocurrency, created by an unknown person or group under the pseudonym Satoshi Nakamoto. Launched in 2009, it uses a peer-to-peer network to enable instant and secure transactions without the need for a middleman. Bitcoin has a limited supply of 21 million coins, which ensures its scarcity and value. It has seen extreme price volatility, with its all-time high reaching almost $65,000 in April 2021. Bitcoin is widely accepted as a store of value and a hedge against inflation.

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