Bitcoin new Digital Currency
Bitcoin is a decentralized digital currency that operates independently of banks or governments. It was created in 2009 by an unknown person or group of people using the pseudonym Satoshi Nakamoto. Transactions are recorded on a public ledger called the blockchain, which allows for secure, transparent and irreversible transactions. Bitcoin has gained popularity due to its potential for anonymity, low transaction fees, and its scarcity as a finite resource. However, it also faces challenges such as volatility, potential for illegal activities, and limited mainstream adoption.
