Bitcoin

Bitcoin (BTC, ₿) is the first decentralized digital currency and the first cryptocurrency in the world, that doesn’t need any banks or administrators, because it has the peer-to-peer network.  

Bitcoin network nodes verify all transactions due to the use of cryptography and recorded in a public distributed ledger called a Blockchain. 

Bitcoin was created in 2009 by an unknown person or group of people under the pseudonym Satoshi Nakamoto. 

The Bitcoin cryptocurrency token can be received as a reward for a process called bitcoin mining. Or one can sell BTC tokens or exchange for other currencies (including cryptocurrencies, fiat and coupons), products, and services.

Bitcoin has many positive benefits against other currencies. Bitcoin’s price is determined not by the central banks but by the ordinary people. And Bitcoin price is highly volatile.