Bitcoin

Bitcoin is a decentralized digital currency that operates without a central bank or administrator. It was created in 2009 by an unknown person or group using the pseudonym Satoshi Nakamoto. Transactions on the Bitcoin network are recorded on a public ledger called the blockchain, which allows for transparency and security. Bitcoin can be bought and sold on cryptocurrency exchanges, and its value is determined by supply and demand. Its unique features include limited supply, divisibility, and ease of transfer without intermediaries. However, it is also known for its high volatility and potential use in illegal activities.