Bitcoin - Page 17

Bitcoin is a decentralized digital currency that enables peer-to-peer transactions over a blockchain technology. It was created in 2009 by an unknown person or group of people using the pseudonym Satoshi Nakamoto. Bitcoin operates without a central authority or intermediary, relying on a distributed ledger that records all transactions across a network of computers. Its primary features include limited supply (capped at 21 million coins), cryptographic security, and the ability to facilitate anonymous transfers. As a form of currency, Bitcoin can be used for various transactions, but it is also seen as a store of value and an investment asset due to its price volatility and potential for high returns.