#WhiteHouseCryptoSummit Bitcoin (BTC) is a decentralized digital currency that enables peer-to-peer transactions without the need for intermediaries like banks. Introduced in 2008 by the pseudonymous Satoshi Nakamoto, Bitcoin operates on a technology called blockchain—a distributed ledger that ensures transparency and security of transactions. The process of Bitcoin mining involves solving complex mathematical problems to validate and add new transactions to the blockchain, rewarding miners with newly created bitcoins and transaction fees.#BTC