🪙 What is Bitcoin? — An Overview
Bitcoin (BTC) is the world’s first decentralized digital currency, created in 2009 by an anonymous entity known as Satoshi Nakamoto. It enables peer-to-peer transactions without the need for intermediaries like banks or governments.
🔐 Key Features of Bitcoin
- Decentralized: No central authority controls Bitcoin. It operates on a public ledger called the blockchain.
- Limited Supply: Only 21 million BTC will ever exist, making it deflationary.
- Borderless: Bitcoin can be sent anywhere in the world instantly and securely.
- Transparent: All transactions are publicly viewable on the blockchain.
- Secure: It uses advanced cryptography and a network of miners for validation.
📈 Why Is Bitcoin Valuable?
Bitcoin is often compared to digital gold because of its scarcity and store-of-value properties. Investors see it as:
- A hedge against inflation
- A non-sovereign asset
- A new financial system layer
🏛️ Bitcoin vs. Traditional Currency
| Feature | Bitcoin | Traditional Currency |
|---|---|---|
| Supply | Fixed (21 million) | Inflationary (can be printed) |
| Control | Decentralized | Central Banks |
| Transactions | Peer-to-peer | Bank-dependent |
| Speed | Minutes | Hours–Days |
| Transparency | Fully Transparent | Partially opaque |
🔮 Future of Bitcoin
- Bitcoin is gaining wider institutional adoption.
- Countries like El Salvador have adopted Bitcoin as legal tender.
- It’s seen as a foundational asset in the Web3 and crypto ecosystem.
📢 Final Thoughts
Bitcoin represents a new paradigm in money—open, neutral, and borderless. Whether used as an investment, a medium of exchange, or simply a technological curiosity, Bitcoin is shaping the future of finance.
| Open | High | Low | Close | |
|---|---|---|---|---|
| Date | ||||
| 2024-08 | 64628.01 | 65659.78 | 49000.00 | 58973.99 |
| 2024-09 | 58974.00 | 66498.00 | 52550.00 | 63327.59 |
| 2024-10 | 63327.60 | 73620.12 | 58946.00 | 70292.01 |
| 2024-11 | 70292.01 | 99588.01 | 66835.00 | 96407.99 |
| 2024-12 | 96407.99 | 108353.00 | 90500.00 | 93576.00 |
| 2025-01 | 93576.00 | 109588.00 | 89256.69 | 102429.56 |
| 2025-02 | 102429.56 | 102783.71 | 78258.52 | 84349.94 |
| 2025-03 | 84349.95 | 95000.00 | 76606.00 | 82550.01 |
| 2025-04 | 82550.00 | 95758.04 | 74508.00 | 94172.00 |
| 2025-05 | 94172.00 | 111980.00 | 93377.00 | 104591.88 |
| 2025-06 | 104591.88 | 110530.17 | 98200.00 | 107146.50 |
| 2025-07 | 107146.51 | 123218.00 | 105100.19 | 117814.11 |
