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What is Bitcoin ($BTC)?
Bitcoin is a decentralized digital currency, created in 2009 by an anonymous entity known as Satoshi Nakamoto. Unlike traditional currencies, Bitcoin operates on a peer-to-peer network without the need for intermediaries like banks. It is powered by blockchain technology, which ensures transparency, security, and immutability of transactions. Bitcoin transactions are verified by network nodes through cryptography, and it can be exchanged for goods, services, or other currencies. As a highly volatile asset, Bitcoin is often considered both a digital currency and a store of value, attracting attention from investors and financial institutions worldwide. The growing adoption of Bitcoin has sparked interest in its potential to revolutionize the global financial system.
