What Is Bitcoin?

Bitcoin is a digital currency that was introduced in 2009 by a person or group using the name Satoshi Nakamoto.

Unlike traditional money issued by governments, Bitcoin operates on a decentralized network of computers around the world. This means no single company, bank, or government controls Bitcoin.

Bitcoin transactions are recorded on a public ledger called a blockchain. The blockchain helps verify transactions and keeps records secure.

People use Bitcoin for many reasons:

• Saving for the future

• Sending money globally

• Investing

• Learning about new technology

• Diversifying financial holdings

One of Bitcoin's most unique features is its limited supply. Only 21 million Bitcoin will ever exist.

Whether someone chooses to own Bitcoin or not, understanding Bitcoin has become increasingly important as digital finance continues to grow around the world.