Bitcoin

Bitcoin is a decentralized digital currency that allows people to send and receive money anywhere in the world without relying on banks or governments. It runs on a public ledger called the blockchain, where transactions are verified by a network of computers instead of a central authority. Unlike traditional money, Bitcoin has a fixed maximum supply of 21 million coins, making it scarce and often compared to digital gold. While it offers benefits such as transparency, borderless payments, and the ability to control your own funds, it also comes with risks like price volatility, regulatory uncertainty, and the responsibility of safely managing private keys. Bitcoin is the first and most widely known cryptocurrency, created in 2009 by an anonymous person or group using the name Satoshi Nakamoto. It introduced the idea of peer-to-peer electronic cash, where transactions are confirmed by a decentralized network instead of a bank. People use Bitcoin for many reasons—some see it as an investment, others as a way to transfer money globally, and some value it for its independence from traditional financial systems. However, its price can rise and fall quickly, making it both an opportunity and a risk for users and investors.