Transactions are recorded on a public ledger called the blockchain Transactions using Bitcoin are made without any intermediaries, such as banks, making it a peer-to-peer transaction system.Unlike traditional currencies, Bitcoin is not tied to a specific country or government. What is remarkable about Bitcoin is that its value has skyrocketed over the years, going from just a few cents per unit when it was first created to tens of thousands of dollars today.In this blog post, we will explore how and why BTC became so valuable, and what this means for the future of this exciting digital asset.What is Bitcoin?Bitcoin is a digital currency that was created in 2009.It is a decentralized currency, meaning that no one regulates its use or controls its value. Bitcoin Is Now Worlds 8th Most Valuable Asset BTC Now Targets Silvers 131T Market Capīitcoin, also known as BTC, is a digital currency that was created in 2009.Initially, it was simply a niche interest for computer programmers and enthusiasts, but today it has become a global phenomenon.Bitcoin is decentralized, meaning that it is not controlled by any government or financial institution.Instead, it operates on a peer-to-peer network, and transactions can be made anonymously, without the need for a middleman such as a bank.
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