Bitcoin is a decentralized digital currency introduced in 2009 by an unknown entity under the pseudonym Satoshi Nakamoto. It operates on a peer-to-peer network without a central authority, allowing for secure, transparent, and irreversible transactions. Bitcoin uses blockchain technology, a distributed ledger that records all transactions across a network of computers, ensuring the integrity and immutability of the data. Often referred to as digital gold, Bitcoin is both a medium of exchange and a store of value, widely recognized for its potential to disrupt traditional financial systems and investment markets. Its limited supply of 21 million coins adds to its scarcity and appeal as a hedge against inflation.
