About Coin |
Bitcoin is a digital currency that was created in 2009 by an unknown person using the pseudonym Satoshi Nakamoto. It is a decentralized form of currency, which means that it operates independently of any central authority or financial institution. Bitcoin transactions are recorded on a public ledger called the blockchain, which is maintained by a network of computers around the world. Unlike traditional currency, bitcoins can be sent directly from one user to another without the need for intermediaries like banks or payment processors. Bitcoin has gained popularity over the years and has become a widely traded asset, with its value fluctuating based on supply and demand in the market. While it has its critics, Bitcoin has also attracted a strong community of supporters who see it as a potential alternative to traditional banking systems and a way to promote financial freedom and privacy. |