Bitcoin is a decentralized digital currency created in 2009 by an anonymous individual or group using the pseudonym Satoshi Nakamoto. It operates on blockchain technology, a distributed ledger that records all transactions transparently and securely. Bitcoin is not controlled by any government or financial institution, making it resistant to censorship and inflation. Transactions are verified through a process called mining, which involves solving complex mathematical problems. With a fixed supply of 21 million coins, Bitcoin is often viewed as a store of value or “digital gold.” It enables peer-to-peer payments globally, offering financial freedom and privacy to its users.
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