Bitcoin, a digital cryptocurrency created in 2009, has become a household name in the world of finance. It is based on blockchain technology, a decentralized system that records all transactions transparently and securely. Bitcoin transactions are verified by network nodes through cryptography and recorded on a public ledger called a blockchain.

BTC has gained popularity due to its decentralized nature and limited supply, with only 21 million bitcoins ever to be mined. Investors see BTC as a potential hedge against inflation and a store of value similar to gold. In recent years, Bitcoin has also been embraced by retail giants like Tesla and PayPal, further legitimizing its use as a payment method.

As the demand for digital assets continues to grow, understanding Bitcoin and its role in the global economy is essential for staying informed in the ever-evolving world of finance.#25#