1️⃣ Digital Money
Bitcoin is not a physical coin or note. It is online money stored in a digital wallet on your phone, computer, or a hardware wallet.
2️⃣ Decentralized System
Bitcoin is not controlled by any single authority.
No bank in the middle
No government control
No one can freeze your account
It runs on a global network of computers called nodes.
3️⃣ Blockchain Technology
Bitcoin uses blockchain, which is:
A public digital record of all transactions
Transparent and secure
Almost impossible to change or hack
4️⃣ Limited Supply
Only 21 million Bitcoins will ever exist.
This scarcity makes Bitcoin valuable
That’s why it is often called digital gold
5️⃣ Mining
Bitcoin mining is the process where powerful computers:
Verify transactions
Secure the network
Create new Bitcoins as a reward
6️⃣ Wallets & Security
A Bitcoin wallet is used to send, receive, and store Bitcoin.
Each wallet has a private key
Whoever owns the private key controls the Bitcoin
👉 For long-term storage, hardware wallets are the most secure option.
7️⃣ Uses of Bitcoin
Online payments
Investment and long-term savings
Fast international money transfers
Simple Example 💡
Just like you give cash directly to someone without a bank,
Bitcoin lets you send money directly to anyone, anywhere in the world 🌍
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