![]() ![]() ![]() supply of 21,000,000 BTC coins, i.e., there will only ever be 21 million bitcoins. dollar.īitcoin (BTC) is a digital currency that uses peer-to-peer technology to operate with no central authority or banks BTC transactions are carried out collectively by the network.īitcoin has a fixed max. This means anyone can purchase a fraction of a bitcoin with as little as one U.S. Each bitcoin comprises 100 million satoshis (the smallest units of bitcoin), making individual bitcoin divisible into smaller units, with each satoshi being worth 0.00000001 bitcoin. Bitcoin was the first successful cryptocurrency created by the anonymous creator Satoshi Nakamoto to allow "online payments to be sent directly from one party to another without going through a financial institution."īitcoin is a peer-to-peer online currency, meaning all BTC transactions happen directly between equal, independent network participants without any intermediary permitting or facilitating them.Īs a form of digital money that exists independently of any government, state, or financial institution, Bitcoin can be transferred globally without needing a centralized intermediary.īitcoin (BTC) is the Bitcoin ecosystem's native cryptocurrency. It uses a cryptocurrency called bitcoin to transfer value over the internet or act as a store of value like gold and silver. Bitcoin is an electronic payment system based on cryptographic proof enabling any two willing parties to transact directly with each other without the need for a trusted third party. ![]()
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