Introduction to Bitcoin
Bitcoin is the first and most well-known cryptocurrency. Let's explore what makes it unique.
**The Origin**
Bitcoin was created in 2009 by the pseudonymous Satoshi Nakamoto. It was designed as a peer-to-peer electronic cash system with no central authority.
**Key Properties**
• **Decentralized**: No single entity controls Bitcoin
• **Limited Supply**: Only 21 million BTC will ever exist
• **Transparent**: All transactions are recorded on a public blockchain
• **Immutable**: Once confirmed, transactions cannot be reversed
**Why Bitcoin Matters**
Bitcoin pioneered blockchain technology and proved that digital scarcity is possible. It remains the largest cryptocurrency by market cap.
**Bitcoin as Digital Gold**
Many view Bitcoin as a store of value, similar to gold. Its fixed supply and decentralized nature make it resistant to inflation.