IntroductionBitcoin is the world’s first decentralized cryptocurrency. It was introduced in 2009 by a person or group using the pseudonym Satoshi Nakamoto. Unlike traditional money issued by governments, Bitcoin operates on a peer-to-peer network without banks or central authorities. �CoinMarketCapToday, Bitcoin is widely recognized as both a digital payment system and a store of value, often referred to as “digital gold.”How Bitcoin WorksBitcoin runs on a technology called blockchain, which is a public ledger recording every transaction ever made.Key Components:Wallets: Used to store Bitcoin and send/receive funds.Private Keys: Secret codes proving ownership.Nodes: Computers maintaining the network.Miners: Specialized computers validating transactions and adding blocks.Transactions are grouped into blocks and added roughly every 10 minutes. �ForbesWhy Bitcoin Matters1. DecentralizationNo government or bank controls Bitcoin.2. Limited SupplyOnly 21 million BTC will ever exist, making it scarce. �CoinMarketCap3. Borderless PaymentsAnyone with internet access can send Bitcoin globally.
