@caygo
BTC stands for Bitcoin, which is a decentralized digital currency created in 2009 by an anonymous person or group using the name Satoshi Nakamoto.
Key points about Bitcoin (BTC):
- Decentralized: Not controlled by any government or central bank.
- Blockchain based: Transactions are recorded on a public ledger called the blockchain.
- Limited supply: There will only ever be 21 million BTC in existence.
- Use case: Used as digital money, a store of value (like gold), and sometimes for speculation.
It was the first cryptocurrency and sparked the entire crypto movement.
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