What is Bitcoin?
Bitcoin is a decentralized digital currency that enables peer-to-peer transactions without the need for a central authority or intermediary, such as a bank. It was created in 2009 by an unknown individual or group using the pseudonym Satoshi Nakamoto. Bitcoin operates on a distributed ledger technology called the blockchain, which records all transactions and is maintained by a network of nodes around the world.
Bitcoin is unique in that it has a finite supply, with only 21 million bitcoins in existence. Transactions are verified by network nodes through cryptography and are recorded in a public ledger. The use of bitcoin has grown over the years, with many individuals and businesses accepting it as a form of payment. However, due to its decentralized nature and lack of regulation, it has also been associated with illegal activities such as money laundering and illicit trade.
The future of Bitcoin will be determined by the community that trades and invests in it. For those that believe it is the future of payments between people this seems like a great time to invest. The Bitcoiners believe the price will rise as the USD becomes less stable. If you want to invest here is a good place to start. https://www.binance.us/register?ref=610401282