What is Bitcoin ?

 Bitcoin is a digital currency that was created in 2009 by an unknown person or group using the name Satoshi Nakamoto. It is a decentralized form of currency that allows for peer-to-peer transactions without the need for a central authority, such as a bank or government.

Bitcoin transactions are recorded on a public ledger called the blockchain, which is maintained by a network of computers around the world. Each transaction is verified by the network through a process called mining, in which computers compete to solve complex mathematical puzzles. Miners are rewarded with new bitcoins for their efforts.

One of the key features of Bitcoin is its limited supply. There will only ever be 21 million bitcoins in existence, which is built into the code of the cryptocurrency. This means that as more people adopt Bitcoin, the value of each individual bitcoin can potentially increase.

Bitcoin has faced some controversy and criticism, with some people viewing it as a speculative bubble or a tool for illegal activities. However, it has also been embraced by many individuals and businesses around the world as a legitimate form of payment and investment.

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