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159 words on btc

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Bitcoin (BTC) is the world’s first decentralized digital currency, introduced in 2009 by an anonymous person or group known as Satoshi Nakamoto. It operates without a central authority, using blockchain technology to maintain transparency and prevent fraud. Transactions are verified by network nodes through cryptography and recorded on a public ledger. Bitcoin is limited to a maximum supply of 21 million coins, making it deflationary by nature. It can be used for peer-to-peer transactions, online purchases, and as a store of value, often compared to digital gold. Over the years, Bitcoin has gained widespread popularity and adoption, influencing the development of thousands of other cryptocurrencies. Its price is known for high volatility, driven by market demand, investor sentiment, and regulatory developments. Bitcoin is often viewed as a hedge against inflation and an alternative to traditional financial systems. As the crypto space evolves, Bitcoin continues to be a major player in reshaping global finance and technology.