What is Bitcoin?
Understand the world's first decentralised digital currency β how it works, who created it, and why it matters.
What is Bitcoin?
Bitcoin (BTC) is the world's first decentralised digital currency, created in 2009 by the pseudonymous Satoshi Nakamoto. It operates on a peer-to-peer network without any central authority β no bank, government, or company controls it.
Key Properties
- Fixed Supply: Only 21 million BTC will ever exist, making it deflationary by design.
- Decentralised: Maintained by thousands of nodes worldwide.
- Transparent: All transactions are publicly recorded on the blockchain.
- Irreversible: Confirmed transactions cannot be reversed.
This content is educational only and does not constitute financial advice. Cryptocurrency investments carry significant risk.
β Disclaimer: This guide is for educational and informational purposes only. It does not constitute financial, investment, legal, or tax advice. Cryptocurrency markets are highly volatile. Always conduct your own research and consult qualified professionals before making financial decisions.