Bitcoin

Bitcoin, a type of cryptocurrency, enables people to make transactions without relying on a central authority or bank. It represents digital money individuals can use to buy goods and services or trade for other currencies.

The system records Bitcoin transactions on a blockchain, ensuring security and transparency.

Individuals can store their Bitcoin in a digital wallet and use a unique address to send and receive it. As the pioneer cryptocurrency, Bitcoin is the most well-known and widely used.

Moreover, Bitcoin grants greater accessibility to people in countries with unstable currencies or limited access to traditional banking services.