Bitcoin, often referred to as “digital gold,” is the first decentralized cryptocurrency created by a person or group of people known as Satoshi Nakamoto. Operating on a peer-to-peer network without the need for intermediaries, Bitcoin enables secure and transparent transactions that are recorded on a public ledger known as the blockchain.
With a finite supply capped at 21 million coins, Bitcoin’s scarcity contributes to its value proposition as a store of value and hedge against inflation. Despite volatility and regulatory challenges, Bitcoin has gained widespread adoption and recognition as a disruptive force in global finance and technology.