Bitcoin: The Decentralized Cryptocurrency

Origins and Overview

Bitcoin, a groundbreaking decentralized cryptocurrency, emerged in 2009. Its origins trace back to a 2008 whitepaper authored by the enigmatic Satoshi Nakamoto. Bitcoin operates independently of central banks and financial institutions, relying instead on a peer-to-peer network and cryptography to secure and validate transactions.

Key Features of Bitcoin

Bitcoin's decentralized nature sets it apart, eliminating the need for intermediaries and providing unparalleled control over ownership and transactions. Its value is determined by market forces, namely supply and demand, and it is not subject to inflation as its issuance is finite.