Baskadia

Bitcoin is a decentralized digital currency that uses cryptography for security and is not controlled by any government or financial institution. It was created in 2009 by an individual or group of individuals known as Satoshi Nakamoto.

Bitcoin transactions are recorded on a public ledger called the blockchain, which allows the currency to be transferred securely and transparently. Bitcoins can be bought and sold on cryptocurrency exchanges and can be stored in a digital wallet.

One of the main features of Bitcoin is that it allows for peer-to-peer transactions, meaning that users can send and receive payments directly without the need for a central authority. This makes it possible to transfer money quickly and securely, without the need for banks or other financial institutions.

The value of Bitcoin is determined by supply and demand on cryptocurrency exchanges, and it can be volatile. Some people use it as an investment, while others use it as a means of exchange for goods and services.