What Is Bitcoin (BTC)?
Definition and plain-English explanation of "Bitcoin (BTC)"
Bitcoin is the world's first and largest cryptocurrency, created in 2009 by the pseudonymous Satoshi Nakamoto. It operates on a decentralised blockchain network with a hard cap of 21 million coins. Bitcoin is often called 'digital gold' and is primarily used as a store of value. Its price is highly volatile, having ranged from under $1 to over $100,000.
Related Terms
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